Market news
06.02.2024, 05:36

BoJ’s Ueda: We have more time to reach a decision on what to do with ETF holdings

Bank of Japan (BoJ) Governor Kazuo Ueda said on Tuesday, “when we review our massive stimulus programme, we will consider whether to continue or discontinue various means including our purchases of exchange-traded funds (ETF).”

Ueda added, “as for what to do with BoJ’s ETF holdings, we have more time to reach a decision.”

Market reaction

USD/JPY is staying on the back foot at around 148.50 following Ueda’s comments. The pair is losing 0.12% on the day.

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 CAD AUD JPY NZD CHF
USD   -0.12% -0.17% -0.23% -0.47% -0.10% -0.27% -0.16%
EUR 0.11%   -0.06% -0.13% -0.36% 0.01% -0.16% -0.04%
GBP 0.17% 0.06%   -0.06% -0.30% 0.06% -0.10% 0.01%
CAD 0.22% 0.12% 0.06%   -0.24% 0.12% -0.04% 0.08%
AUD 0.47% 0.34% 0.30% 0.24%   0.36% 0.20% 0.32%
JPY 0.11% 0.02% -0.07% -0.11% -0.40%   -0.18% -0.04%
NZD 0.29% 0.15% 0.10% 0.05% -0.20% 0.17%   0.13%
CHF 0.16% 0.04% -0.02% -0.08% -0.34% 0.05% -0.12%  

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 Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR (base)/JPY (quote).

 

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