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

Dow Jones

May 20, 2025

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)

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2536692371"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2536692371\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2536692371?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-20 17:16","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2536692371","market":"other","top_or_hot":-1,"title":"BOJ Policy Stance Likely to Keep Yen Supported -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     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) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 20, 2025 05:16 ET (09:16 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BOJ Policy Stance Likely to Keep Yen Supported -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBOJ Policy Stance Likely to Keep Yen Supported -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-20 17:16</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     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) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 20, 2025 05:16 ET (09:16 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"03650","symbol_name":"KEEP","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2536692371","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2536692371","pubTimestamp":1747732560,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"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.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"03650":"KEEP","BK1215":"特殊消费者服务"},"translate_title":"日本央行政策立场可能为日元提供支撑——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03650":1,"USDJPY.FOREX":1},"content_text":"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) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 20, 2025 05:16 ET (09:16 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}