BoJ’s Uchida: Closely monitoring Yen movement in conducting monetary policy
27.06.2024, 09:49

BoJ’s Uchida: Closely monitoring Yen movement in conducting monetary policy

Bank of Japan (BoJ) Deputy Governor Shinichi Uchida said on Thursday that he is ”closely monitoring Yen movement in conducting monetary policy.”

He added that “weaker Yen is an upward factor for prices.”

Market reaction

The above comments fail to move the needle around the Japanese Yen, keeping USD/JPY 0.18% lower on the day at 160.50.

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 JPY CAD AUD NZD CHF
USD   -0.17% -0.19% -0.19% -0.17% -0.32% -0.31% -0.03%
EUR 0.17%   -0.03% -0.03% 0.00% -0.15% -0.18% 0.13%
GBP 0.19% 0.03%   0.02% 0.01% -0.11% -0.12% 0.15%
JPY 0.19% 0.03% -0.02%   0.03% -0.12% -0.15% 0.16%
CAD 0.17% 0.00% -0.01% -0.03%   -0.16% -0.15% 0.11%
AUD 0.32% 0.15% 0.11% 0.12% 0.16%   0.00% 0.26%
NZD 0.31% 0.18% 0.12% 0.15% 0.15% -0.00%   0.27%
CHF 0.03% -0.13% -0.15% -0.16% -0.11% -0.26% -0.27%  

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

 

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