On the 18th, following remarks by Bank of Japan Governor Ueda (植田) at his press conference, the yen was sold in the London market, weakening to the ¥158-per-dollar range. The Bank of Japan's monetary policy meeting and the governor's comments are believed to have triggered the move in the yen market.
On the 18th, the yen was sold and dollar buying gathered pace in the London foreign exchange market following remarks by Bank of Japan Governor Ueda (植田) at his press conference.
In response, the yen temporarily weakened to the ¥158-per-dollar range.
The article reports on developments related to the Bank of Japan's monetary policy meeting and Governor Ueda's (植田) press conference.