Keiichi Iguchi, senior strategist at Resona Holdings, said that the summary of opinions from the Bank of Japan's policy meeting last month seemed less hawkish than expected, or caused the yen to be sold off. The market originally anticipated that after US Treasury Secretary Scott Bessent and others made relevant comments, there would be more hawkish opinions within the Bank of Japan. The US employment report released on Friday will be the focus of the market's attention as the president of the Federal Reserve Bank of New York made pigeon-headed remarks, and the market's expectations for US interest rate hikes have cooled down after the US personal consumption expenditure data is weak.

Keiichi Iguchi, senior strategist at Resona Holdings, said that the summary of opinions from the Bank of Japan's policy meeting last month seemed less hawkish than expected, or caused the yen to be sold off. The market originally anticipated that after US Treasury Secretary Scott Bessent and others made relevant comments, there would be more hawkish opinions within the Bank of Japan. The US employment report released on Friday will be the focus of the market's attention as the president of the Federal Reserve Bank of New York made pigeon-headed remarks, and the market's expectations for US interest rate hikes have cooled down after the US personal consumption expenditure data is weak.