BOJ Policy Stance Likely to Keep Yen Supported -- Market Talk

Dow Jones
2025/05/20

0916 GMT - The Japanese yen should remain supported as the Bank of Japan's messaging remains biased towards further interest-rate rises while other G-10 central banks are cutting rates, MUFG Bank's Derek Halpenny says in a note. "Even if the BOJ end up not hiking again, it is very unlikely to revert to monetary easing which will continue to support the yen." Meanwhile, U.S. Treasury Secretary Scott Bessent and Japan's Finance Minster Katsunobu Kato will meet this week with discussions including foreign exchange. Bessent's view that BOJ monetary policy is causing the dollar's overvaluation versus the yen could curtail the BOJ's appetite to cut rates, Halpenny says. The dollar falls to a 12-day low of 144.0900, according to FactSet.(renae.dyer@wsj.com)

 

(END) Dow Jones Newswires

May 20, 2025 05:16 ET (09:16 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10