JPY
Exclusive USD/JPY - second order effects
There were a number of parts of Fed Chair Warsh’s opening statement yesterday that could easily be spoken by Governor Ueda following the BoJ policy meeting
Research
Exclusive USD/JPY - shifting sands
Today USD/JPY tested the water below our previous 12-month forecast of 154.00.
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Exclusive JPY - carry qualms
This week’s surge in the value of the JPY was, it seems, unaided by further FX intervention by the MoF.
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Exclusive JPY - information?
US Treasury Secretary Bessent has made his views on Bank of Japan policy clear before.
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Exclusive USD/JPY - has it worked?
Intervention by governments in free markets is contentious by its very nature.
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Exclusive USD/JPY - respite
There is a lot of common ground between Japan’s MoF and the US Treasury.
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