The Japanese Yen (JPY)
Key news events today
No major news events.
What can we expect from JPY today?
Japanese policymakers remain concerned over the weakening yen, with the latest statements by the country’s Finance Minister stating a close watch on the impact of FX on the Japanese economy and BoJ Governor Kuroda chiming over raid FX moves.
Central Bank Notes:
Dismissed debate on an exit from the current easy policy stance
Expect inflation to rise to close to 2% in Q2 due to high oil prices
Rates in Japan will remain low; higher domestic price pressures in the months ahead.
Next meeting on 27 April 2022
Next 24 Hours Bias
Weak Bearish
