Created
: 2025.09.03
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
BoJ's Ueda: No change to our stance on rate hike
Breaking news
BoJ's Ueda: No change to our stance on rate hike
New
2025.09.03 13:36
2025.09.03 13:36
2025.09.03 13:36
Bank of Japan (BoJ) Governor Kazuo Ueda said on Wednesday that there is no change in stance on raising interest rates. Ueda further stated that he will scrutinise without preconception whether the economy and prices move in line with our forecast,
Key quotes
Exchanged views with PM Ishiba on economy, financial markets in a regular meeting.
Had discussion on various topics about the economy, Forex.
Exchange rate should move in a manner that is reflecting fundamentals.
No change to our stance on rate hikes.
No change to the stance of raising interest rates if economy, prices move in line with forecast.
Want to work closely with the government, watching FX moves carefully.
Discussed forex as part of broader discussion on markets but won't comment on details.
Market reaction
At the time of press, the USD/JPY pair was up 0.23% on the day at 148.70.
Bank of Japan FAQs
The Bank of Japan (BoJ) is the Japanese central bank, which sets monetary policy in the country. Its mandate is to issue banknotes and carry out currency and monetary control to ensure price stability, which means an inflation target of around 2%.
The Bank of Japan embarked in an ultra-loose monetary policy in 2013 in order to stimulate the economy and fuel inflation amid a low-inflationary environment. The bank's policy is based on Quantitative and Qualitative Easing (QQE), or printing notes to buy assets such as government or corporate bonds to provide liquidity. In 2016, the bank doubled down on its strategy and further loosened policy by first introducing negative interest rates and then directly controlling the yield of its 10-year government bonds. In March 2024, the BoJ lifted interest rates, effectively retreating from the ultra-loose monetary policy stance.
The Bank's massive stimulus caused the Yen to depreciate against its main currency peers. This process exacerbated in 2022 and 2023 due to an increasing policy divergence between the Bank of Japan and other main central banks, which opted to increase interest rates sharply to fight decades-high levels of inflation. The BoJ's policy led to a widening differential with other currencies, dragging down the value of the Yen. This trend partly reversed in 2024, when the BoJ decided to abandon its ultra-loose policy stance.
A weaker Yen and the spike in global energy prices led to an increase in Japanese inflation, which exceeded the BoJ's 2% target. The prospect of rising salaries in the country - a key element fuelling inflation - also contributed to the move.
Last updated
: 2025.09.03
Related articles
USD/CHF plunges below 0.8000 as weak NFP boosts odds of deeper Fed cuts
22 minutes agoDow Jones Industrial Average tumbles 250 points as NFP figures dip faster than expected
2025.09.06 02:37US Treasury Secretary Scott Bessent says the Fed must re-establish its credibility
2025.09.06 02:06US: We now expect a 50bps Fed cut in September - Standard Chartered
2025.09.06 01:41AUD/USD jumps to six-week high as weak US NFP cement Fed cut
2025.09.06 00:22USD/CAD steadies near 1.3800 as Canada jobs slump offsets US Dollar weakness
2025.09.05 22:54
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
Fed's Goolsbee remains undecided on September rate decision
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee warned on Friday that while sinking employment data is typically a cause for interest rate cuts, still-high inflation data is still cause for concern, and key Fed officials may not be fully sold on a September rate cut.
New
2025.09.06 03:45USD/CHF plunges below 0.8000 as weak NFP boosts odds of deeper Fed cuts
The Swiss Franc (CHF) gains ground against the US Dollar (USD) on Friday, with USD/CHF sliding below the 0.8000 psychological mark to touch its lowest level since July 28.
New
2025.09.06 03:27Gold blasts to record $3,600 as weak NFP ignite Fed cut frenzy
Gold price rallies sharply and hits a new all-time high of $3,600 on Friday, following a soft Nonfarm Payrolls report, which raised speculation that the Federal Reserve (Fed) is ready to resume rate cuts. XAU/USD trades at $3,594, up 1.30% at the time of writing.
New
2025.09.06 02:47Dow Jones Industrial Average tumbles 250 points as NFP figures dip faster than expected
The Dow Jones Industrial Average (DJIA) sank on Friday, falling nearly 500 points at its lowest after United States (US) Nonfarm Payrolls (NFP) data showed the US added far fewer jobs than expected, pinning expectations of a Federal Reserve (Fed) interest rate cut on September 17.
New
2025.09.06 02:37WTI hits three-month low as OPEC+ meeting looms
West Texas Intermediate (WTI) Crude Oil is heading into the weekend under heavy pressure, extending its losing streak to a third straight day as traders brace for the Organization of the Petroleum Exporting Countries and allies (OPEC+) meeting on Sunday, September 7.
New
2025.09.06 02:26US Treasury Secretary Scott Bessent says the Fed must re-establish its credibility
United States (US) Treasury Secretary Scott Bessent warned that the Federal Reserve (Fed) must re-establish its crediblity and trust with the American people during an interview with the Wall Street Journal, published on Friday.
New
2025.09.06 02:06US: We now expect a 50bps Fed cut in September - Standard Chartered
August non-farm payrolls rose just 22k, well below the 75k consensus; three-month average is now 29k.
New
2025.09.06 01:41AUD/USD jumps to six-week high as weak US NFP cement Fed cut
The AUD/USD rallies to six weeks high of 0.6588 after the latest Nonfarm Payrolls report in the United States (US), had cemented the case that the Federal Reserve would cut rates at the September meeting. The pair trades at 0.6565 up 0.40%
New
2025.09.06 00:22Silver consolidates near 14-year high as weak NFP data boosts Fed cut bets
Silver (XAG/USD) is holding firm around $41.00 on Friday after retesting multi-year highs in the wake of soft US Nonfarm Payrolls (NFP) data. The metal peaked at $41.47 on Wednesday, its strongest level since September 2011, before easing slightly on Thursday.
New
2025.09.05 23:58USD/CAD steadies near 1.3800 as Canada jobs slump offsets US Dollar weakness
The Canadian Dollar (CAD) weakens on Friday after dismal labor market data, but broad US Dollar (USD) softness following a weak US Nonfarm Payrolls (NFP) report kept USD/CAD's upside in check. The pair is holding near the 1.3800 handle, rebounding from a four-day low in the aftermath of the release.
New
2025.09.05 22:54Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
