Bank of Japan meeting weighing on yen
JP Morgan buys First Republic assets
USD/JPY continues to rally and is trading at 136.84, up 0.40%.
BoJ signals change is coming
The Bank of Japan didn't change any policy settings at Friday's meeting, which was the first to be chaired by New Governor Kazuo Ueda. The yen took a tumble of 1.3% and the downward spiral has continued on Monday, with USD/JPY rising as high as 136.98.
01-05-2023 08:26 GMT
by Kenneth Fisher