Japan’s ex-Current Diplomat: Bank of Japan has no reason to move this week

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Japan’s ex-Current Diplomat: Bank of Japan has no reason to move this week
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Japan’s ex-Current Diplomat: Bank of Japan has no reason to move this week BOJ CentralBanks USDJPY

Japan's former top currency diplomat, Hiroshi Watanabe, said on Wednesday that the “Bank of Japan has no reason to move this week.”“BoJ might find it hard to raise“There will also be a tough backdrop to raise rates next year.”USD/JPY remains weighed down by broad US Dollar weakness, currently trading at 133.53, down 0.12% on the day.Information on these pages contains forward-looking statements that involve risks and uncertainties.

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