Japanese Yen outperforms as BoJ’s Ueda keeps door open for interest rate hikes

The Japanese Yen (JPY) outperforms its major currency pairs during the European trading session on Thursday. For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment. Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.