Yen hovers near ¥149: will boj press conference trigger a surge?
Tokyo, Wednesday, 19 March 2025.
The yen’s exchange rate is closely watched as it fluctuates around ¥149 per dollar. This movement anticipates the Bank of Japan governor’s upcoming press conference. Currency traders are on edge. Geopolitical tensions and strategic position adjustments fuel the uncertainty. Export giants, like TSMC, brace for potential impacts on financial results and stock valuations. A slip by the BOJ governor could trigger a massive correction. Analysts are divided on whether the governor will signal a shift in monetary policy.