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Will Bank of Japan Governor Ueda rescue the JPY? Speaking at 5 past the hour

  • February 12, 2025
  • -FCHFX

February 12, 2025 at 01:01AM
Ueda to speak:

Bank of Japan Governor Ueda will be speaking Wednesday, February 12, 2025

I don’t think he’ll be too dovish so he might stabilise the yen. We’ll see.

USD/JPY has surged:

Sheesh …. I popped up this hourly chart looking for some USD/JPY resistance. I am not seeing much until around 153.90, where I placed the cursor, that dotted line @ 153.894. Surely resistance is not that far away?

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

Will Bank of Japan Governor Ueda rescue the JPY? Speaking at 5 past the hour
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