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Bank of Japan Governor Ueda hospitalized: expected to miss June monetary policy

Bank of Japan (BoJ) Governor Kazuo Ueda has been hospitalized, according to a statement released by the central bank. Additionally, Ueda would not be able to attend the next two-day monetary policy meeting scheduled for June 15-16, and Deputy Governor Ryozo Himino would chair the policy meeting, while Deputy Shinichi Uchida would hold the afternoon press conference following the decision.

There are no additional details on Ueda's illness, but the BoJ also noted that Governor Ueda is likely to remain hospitalized for two weeks. The BoJ is expected to hike rates in its June gathering by 25 basis points (bps), raising the benchmark interest rate to 1%, its highest in over three decades.

Japanese Yen Price Today

The table below shows the percentage change of Japanese Yen (JPY) against listed major currencies today. Japanese Yen was the strongest against the Australian Dollar.

JPYEURGBPUSDCADAUDNZDCHF
JPY-0.18%-0.20%-0.07%-0.22%0.21%0.03%-0.03%
EUR0.18%-0.02%0.12%-0.08%0.35%0.21%0.16%
GBP0.20%0.02%0.14%-0.04%0.39%0.23%0.17%
USD0.07%-0.12%-0.14%-0.16%0.30%0.10%0.04%
CAD0.22%0.08%0.04%0.16%0.43%0.26%0.20%
AUD-0.21%-0.35%-0.39%-0.30%-0.43%-0.17%-0.22%
NZD-0.03%-0.21%-0.23%-0.10%-0.26%0.17%-0.06%
CHF0.03%-0.16%-0.17%-0.04%-0.20%0.22%0.06%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Japanese Yen from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent JPY (base)/USD (quote).

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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