Japanese Yen: BoJ guidance key after Fed move – OCBC

OCBC strategist Christopher Wong writes that USD/JPY climbed after the FOMC as front-end US yields rose and the US Dollar (USD) strengthened. He says markets expect a 25bp BoJ hike to 1.25%, with focus on Governor Ueda’s guidance on further normalisation.

Gold impact rationale

Rising U.S. Treasury yields increase bonds' relative appeal and pressure gold.

• Source: FXStreet news
• 2026-09-17
• yields

Topics: gold news, gold price impact, yields