USD/JPY Forecast: Yen Retreats Following Ueda’s Remarks
Monday, March 4, 2024 6:23 AM EDT
BoJ’s Ueda said it is too early to say Japan’s inflation will soon reach the 2% target. Markets remain uncertain about the outcome of the March 19 BoJ policy meeting. The dollar was range-bound after it fell on Friday due to poor economic data.