Bank of Japan Governor Kuroda is speaking today - expect yen weakness comments

Japan is back from a long weekend today, Friday was a market holiday there.

Bank of Japan Governor Kuroda is speaking with business leaders in Osaka later on Monday, due at 0530 GMT on 26 September 2022.

Given the BOJ were instructed (by Japan's ministry of Finance) to intervene in the JPY JPY The Japanese yen (JPY) is the official currency of Japan and at the time of writing is the third most-traded currency in the world behind only the US dollar and euro.The JPY is used extensively as a reserve currency and is relied upon by forex traders as a safe haven currency.Originally implemented in 1871, the JPY has had a long history and has survived multiple world wars and other events. This was followed by the creation of the Bank of Japan (BoJ) in 1882 and the full oversight of the JPY by The Japanese yen (JPY) is the official currency of Japan and at the time of writing is the third most-traded currency in the world behind only the US dollar and euro.The JPY is used extensively as a reserve currency and is relied upon by forex traders as a safe haven currency.Originally implemented in 1871, the JPY has had a long history and has survived multiple world wars and other events. This was followed by the creation of the Bank of Japan (BoJ) in 1882 and the full oversight of the JPY by Read this Term last week after its weakness above 145.70 you can expect some sort of remarks from Kuroda today on the yen. He won't be talking it down.

ForexLive European FX news wrap: Japan intervenes to buy the yen, first time since 1998

USD/JPY update (can you spot the intervention? ;-) ):