BOJ's Ueda: If possible a US rate cut happens gradually, it could lead to strong a yen

Got threatened by the Yakuza(Suzuki).

whatever just enuff of BOJ markets distorsions.

Keep dreaming Mr ueda

This is the first time I hear this man talk like Hawk

I doubt the Fed will cut rates anytime soon. Not until the election IMHO

@ Last, He said his mind. But Intervention will continue...Lol

My short on GJ moving so well. $ in the pocket

Put the TP at 120 and SL at BE, add some more positions and close the computer and come back in a few years. This is how this trade is supposed to be taken. One should stay short until BoJ starts intervening into the market to weaken JPY. That won't happen before every pair drops at least 5000 pips.

Because it has nothing to do with Ueda nor Powell nor BoJ nor the Fed. It's about the cycles. New cycle has begun and JPY have topped. Follow the cycles like the major players and neglect minor corrections. Corrections will be your new chance to sell at the higher price. USD/JPY should recover today during the Fed and that will give you a great opportunity to short again and TP at 145 soon.

I already said yesterday that the only intervention BoJ will perhaps have to make in the future is in the case of strong JPY to bring it down.

how come Ueda is so hawkish all of a sudden? From last year April until last month,(June24) he was so dovish. So so strange. What made him change ?