USD/JPY Slides Lower as Remarks from Kato and Ueda Emerge
The USD/JPY currency pair has ticked lower, coinciding with remarks from officials Kato and Ueda. However, the comments did not present significant new insights. Ueda’s discussion regarding Japanese Government Bonds (JGBs) may have bearish implications for the yen currency. Traders need to stay alert to further developments that could influence market sentiment and currency valuations.