Introduction: The Bank of Japan’s Governor Kuroda recently ended his tenure with no surprises, leaving the focus on the upcoming Nonfarm Payrolls report. Economists at TD Securities expect the USD to take the lead with a strong report, potentially pushing USD/JPY to 140. In this article, we will delve deeper.
Introduction: The financial markets are currently under pressure due to two significant events: the final meeting of the Bank of Japan (BoJ) Governor Kuroda and the hawkish stance of the Federal Reserve Chair Powell. Investors are anxiously waiting to see if Kuroda will make any changes to the BoJ’s yield.
- March 9, 2023
Introduction The Bank of Japan (BoJ) is set to welcome a new governor in April when Haruhiko Kuroda’s term in office expires. Reports suggest that former BoJ policy member Kazuo Ueda will take over the top position, with Shinichi Uchida and Ryozo Himino being offered deputy governor positions. The news.
- February 10, 2023
The US dollar has been making waves in the foreign exchange market, as it attempts to make a comeback against some of the major players in the industry. In recent trading sessions, the greenback has shown a strong bullish posture against the Australian dollar, Japanese yen, Euro, and British pound..
- February 8, 2023
The Japanese Yen has come under pressure in the Asian session as rumors circulate that the Japanese government has approached Deputy Bank of Japan (BoJ) Governor, Masayoshi Amamiya, as a potential successor to current Governor Haruhiko Kuroda. This has led to a decline in the Yen as market participants believe.
- February 6, 2023