USD/JPY Slips; Japan Party Leader Contest in Focus -- Market Talk

Dow Jones
09/09

0625 GMT - USD/JPY Slips amid a decline in UST yields and USD as markets brace for U.S. data, OCBC strategists say. Focus is on the timing of Japan's LDP election, which market chatter puts at next month, with a date due to be announced today, say Frances Cheung and Christopher Wong. The victor will have to win a vote in parliament to become the next prime minister. Political uncertainties may hinder BOJ policy normalization, which OCBC thinks can be undermining the yen. But that should reverse when clarity emerges. Moreover, Fed easing in due course should help bring USD/JPY lower amid Fed-BOJ policy divergence. Markets price in nearly three Fed rate cuts for the year, they note. USD/JPY last down 0.4% at 146.98. (fabiana.negrinochoa@wsj.com)

 

(END) Dow Jones Newswires

September 09, 2025 02:25 ET (06:25 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