The Japanese yen has edged lower on Monday. USD/JPY is up 0.26% on the day and is trading at 156.17 at the time of writing.
13-05-2024 11:25 GMT
by Kenneth Fisher
Bank of Japan (BoJ) news
The Bank of Japan (BoJ) is the central bank of Japan. It conducts monetary policy to achieve price stability and financial system stability. The BoJ employs various tools, including quantitative easing and yield curve control, to influence economic activity and promote sustainable growth in Japan.
The Japanese yen has posted a three-day slide and is in negative territory on Thursday. USD/JPY has risen 0.26% on the day and is trading at 155.93 at the time of writing.
Is the BoJ turning hawkish?
The Bank of Japan released its Summary of Opinions from its April 26th meeting earlier today.
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