USD/JPY rallies to 141.00 on BoJ status quo, focus on Ueda’s speech, Fed inflation – by anilpanchal7 USDJPY BOJ YieldCurve Fed Inflation
shared via Nikkei suggesting the BoJ’s likely edit to its +/- 0.50% limit for the 10-year Japanese Government Bond yields in monetary policy announcements. The talks of a likely change in the BoJ’s Yield Curve Control policy propelled the JGB to the highest levels in three months after Tokyo inflation. posted the biggest daily jump since March 15 the previous day, mostly sticky around 101.70 by the press time.
Apart from BoJ action and US Dollar moves, a fresh blow to the US-China ties by the White House also seems interesting to note. Late on Thursday, the Washington Post quotes anonymous US officials familiar with the matter to signal the White House's readiness to stop the Hong Kong Leader from attending November’s Asia-Pacific Economic Cooperation leaders’ summit in San Francisco.
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