Yen Rebounds on Ueda’s Openness; Euro Starting to Break Down

Yen rebounded broadly today as market participants interpreted comments from BoJ Governor Kazuo Ueda as a potential signal for a rate hike in December. Ueda noted that there is still a month before the next policy meeting and that the central bank will have a substantial amount of data to consider by then. While he […] The post Yen Rebounds on Ueda’s Openness; Euro Starting to Break Down appeared first on Action Forex.

Nov 24, 2024 - 16:46
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Yen Rebounds on Ueda’s Openness; Euro Starting to Break Down

Yen rebounded broadly today as market participants interpreted comments from BoJ Governor Kazuo Ueda as a potential signal for a rate hike in December. Ueda noted that there is still a month before the next policy meeting and that the central bank will have a substantial amount of data to consider by then. While he […]

The post Yen Rebounds on Ueda’s Openness; Euro Starting to Break Down appeared first on Action Forex.

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