Dollar/Yen has been trading around 130, and Yen rate volatility has eased with the BoJ’s December surprise a thing of the past after the bank held the line in January. All eyes are on potential nominees for BoJ leadership.
In today’s episode, MUFG Chief Japan Strategist Takahiro Sekido discusses what to watch during the fiscal year 2023 ordinary Diet session, the nomination process for the next BoJ governor and deputy governors, the shift from Abenomics to the Kishida Administration’s New Style of Capitalism, and implications for markets. He also shares his views on spot Dollar/Yen, Yen rate, and Yen basis.
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