Page 4 - Qualitative Easing News Today

The Japanese Yen (JPY) trades with a negative bias against its American counterpart for the fourth straight day on Friday, with the USD/JPY pair touching over a two-week high around the 144.85 region during the Asian session.

The Japanese Yen (JPY) attracts some buyers during the Asian session on Wednesday and reverses a part of the previous day's heavy losses against the US Dollar (USD).

The Japanese Yen (JPY) ticks lower against its American counterpart amid relatively thin liquidity during the Asian session on Monday, albeit remains well within the striking distance of a five-month high touched last Thursday.

The Bank of Japan (BoJ) Governor Kazuo Ueda spoke with NHK on Wednesday that he was not in a rush to unwind the central bank's ultra-loose monetary policy, noting that the risk of inflation exceeding 2% and rising further was minimal.

The Bank of Japan (BoJ) Governor Kazuo Ueda spoke on Monday at the Japan Business Federation meeting.

The Bank of Japan (BoJ) Board members shared their views on monetary policy outlook and Yield Curve Control (YCC), per the BoJ Minutes of the October meeting.

The Japanese Yen (JPY) rallied over 3.5% intraday, to its strongest level in four months against the US Dollar (USD) after Bank of Japan (BoJ) Governor Kazuo Ueda spoke about options when considering a move away from negative interest rates on Thursday.

The Bank of Japan (BoJ) Governor Ueda said on Thursday that accommodative monetary policy and the effects of economic stimulus measures are supporting the Japanese economy, per Reuters.

The Japanese Yen (JPY) attracts some haven flows during the Asian session on Thursday and reverses a major part of its weekly losses against the US Dollar (USD) registered over the past three days.

The Japanese Yen (JPY) weakens a bit during the Asian session on Friday following the release of softer domestic core consumer inflation figures, though rising bets for a Bank of Japan (BoJ) pivot help limit deeper losses.