HomeBlogAplenty Icon PublicationUSD/JPY volatile on Bank of Japan Governor Ueda speech

USD/JPY volatile on Bank of Japan Governor Ueda speech

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Nov 18, 2024

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No firm clues on a December rate hike from Ueda in his speech:

Bank of Japan Governor Ueda says economy recovering moderately, some weak signs

USD/JPY spiked higher, circa 154.98 seen on EBS:

1 minute candles

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

PBOC sets USD/ CNY reference rate for today at 7.1907 (vs. estimate at 7.2312)

Nov 18, 2024

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The People’s Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate. CNH is the offshore yuan. USD /CNH has no restrictions on its trading range. A significantly stronger or weaker rate...

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