A BoJ Amamiya nomination could be bearish for then Yen BOJ USDJPY CentralBanks
The report explained that ''strategists and economists focused on Japan expect investors may need to recalibrate their expectations for policy adjustment if Amamiya is confirmed. The Nikkei reported that the current deputy governor was approached by the government for the role, a choice that would be seen as likely to extend the central bank’s ultra-easy monetary policy.''
Meanwhile, the next BOJ chief will face the delicate task of normalising ultra-loose monetary policy, which is drawing increasing public criticism for distorting market function. The government's nominees will be presented to parliament later this month.is on the way to the opening gap but remains on the backside of the prior bearish trend so the bias is to the upside with the 132.80s eyed. Information on these pages contains forward-looking statements that involve risks and uncertainties.
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