BoJ governor nominee Ueda: Shortening yield target one among many options in future BOJ USDJPY Currencies
USD/JPY has been offered and bid during the comments that came from the new central bank governor, Kazuo Ueda, on Friday.
However, he added that he will stop massive bond buying if the 2% target is met and that shortening the yield target is one among many options in the future. He also acknowledged that it can't be denied that the YCC is creating various side effects.USD/JPY is testing support near 134.50 and resistance around 134.80 in volatile trade around the comments. Information on these pages contains forward-looking statements that involve risks and uncertainties.
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