Bank of Japan Governor Ueda is speaking at 0630 GMT / 0230 US Eastern time

Forex Short News

Bank of Japan Governor Ueda will be holding his news conference in a few hours time.

The Bank left policy setting unchanged in its statement today:

The statement was cautious, noting rising risks with heightened uncertainty now and ahead. I expect Ueda will be usual cautious self again today.

USD/JPY is little changed after some movement higher earlier in the session (importer demand for USD cited as the catalyst):

This article was written by Eamonn Sheridan at www.forexlive.com.