As of today, March 12, 2025, Japan's inflation rate (measured by the Consumer Price Index or CPI) is at 4.00%, which is higher than the long-term average of 2.43% and the previous month's 3.60%. Not sure what Ueda is trying to convey here.

They will wait till USD/JPY reaches 160 and watch with urgency :-)

Here we go again :-)))

:-))

Yea never trust these big banks.

I wonder if it will be enough to save their perennial currency decline.

Unsustainable migration

Good article. USDJPY heading towards 160. Time to short all JPY pairs again.

160 soon.

Read this: url

Yen will go down to the point that they will have to intervene again. It is already nearing a 1k pip move for GBP/JPY.

Good article. Read it if you want to understand the dynamics behind yen decline.

JPY has reached a point of no return

Historically interventions have never worked. Let’s see how long can Japan hold on to this strategy without making major policy adjustments.

Big change across the board in JPY pairs. Possible intervention I guess.

300.

What is happening with the JPY pairs?

:-)))

Interventions never work in the long run. Unless you do Swiss style. They do it, and no one notices it.

Here we go again :-))))