BoJ’s Uchida: Closely monitoring Yen movement in conducting monetary policy
Bank of Japan (BoJ) Deputy Governor Shinichi Uchida said on Thursday that he is ”closely monitoring Yen movement in conducting monetary policy.”
He added that “weaker Yen is an upward factor for prices.”
Market reaction
The above comments fail to move the needle around the Japanese Yen, keeping USD/JPY 0.18% lower on the day at 160.50.
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 US Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.17% | -0.19% | -0.19% | -0.17% | -0.32% | -0.31% | -0.03% | |
| EUR | 0.17% | -0.03% | -0.03% | 0.00% | -0.15% | -0.18% | 0.13% | |
| GBP | 0.19% | 0.03% | 0.02% | 0.01% | -0.11% | -0.12% | 0.15% | |
| JPY | 0.19% | 0.03% | -0.02% | 0.03% | -0.12% | -0.15% | 0.16% | |
| CAD | 0.17% | 0.00% | -0.01% | -0.03% | -0.16% | -0.15% | 0.11% | |
| AUD | 0.32% | 0.15% | 0.11% | 0.12% | 0.16% | 0.00% | 0.26% | |
| NZD | 0.31% | 0.18% | 0.12% | 0.15% | 0.15% | -0.00% | 0.27% | |
| CHF | 0.03% | -0.13% | -0.15% | -0.16% | -0.11% | -0.26% | -0.27% |
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).
Author
Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.
