JPY sees gains as Ueda warns of trade risks and BOJ enters conservation mode

The Bank of Japan kept interest rates unchanged at 0.5%, with plans to reduce bond purchases by 200 billion yen per quarter beginning April 2026, ultimately reaching 2 trillion yen per month by March 2027.

Governor Kazuo Ueda expressed concerns about global trade uncertainties, causing the yen to strengthen slightly against the dollar. Meanwhile, U.S. Stock futures fell, reflecting market apprehension amid escalating Middle East conflicts.

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