HomeBlogAplenty Icon PublicationJapan’s stock market rebounding strongly on dovish Ishida

Japan’s stock market rebounding strongly on dovish Ishida

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Oct 3, 2024

Aplenty Icon Publication

We got the ball rolling on this during Asia yesterday with the new economy minister pressing the dove button:

ForexLive Asia-Pacific FX news wrap: Yen loses support from new Japanese economy minister

The BOJ and Prime Minister Ishida himself jumped in later:

Forexlive European FX news wrap 2 Oct

USD/JPY rocketed higher:

Wednesday marked one of the largest daily USDJPY pip returns in FX history

and its hit a one-month here this morning in Asia, and isn’t stopping.

The Nikkei is happy:

This article was written by Eamonn Sheridan at www.forexlive.com.

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