USD/JPY trims losses near 133.50 amid dicey yields, defensive BoJ talks, US GDP eyed – by anilpanchal7 USDJPY BOJ GDP RiskAversion Fed
corrective bounce could be the cautious optimism surrounding the US debt ceiling extension and the Bank of Japan Officials’ defense of the current ultra-easy monetary policy.
It should be noted that former BoJ Deputy Governor Masazumi Wakatabe recently mentioned that he will be surprised if the BoJ changes Yield Curve Control on Friday. Previously, Bank of Japan´s Governor Kazuo Ueda spoke in the Japanese Parliament, known as Diet, while saying that the risk of a rise in inflation driven by lost of market trust in Japan's finances low for now.
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