Junya Tanase

Junya Tanase, a Senior FX strategist at J.P. Morgan, provides insights on Japan's political landscape and its implications for the yen. He discusses the recent LDP leadership change and potential market impacts, including risks of currency intervention. The conversation also covers gold's rapid rally, driven by central bank strategies and supply issues. Additionally, the team analyzes the current U.S. government shutdown and its looming economic repercussions, possibly affecting market stability and data visibility.

Junya Tanase, a Japan-focused economist and FX strategist, dives into Japan's macro landscape and its impact on global markets. He breaks down Prime Minister Takaichi's speech, highlighting its limited insights on fiscal policy. The conversation shifts to anticipated Bank of Japan meetings and their implications for the USD/JPY exchange rate. Other topics include the significance of Japan in the central bank calendar, potential outcomes from the upcoming US-China summit, and the Fed's risk management leading up to key decisions.

Join Patrick Locke, a Senior Macro FX Strategist at JPMorgan, and Junya Tanase, Head of Japan FX Research, as they unpack recent developments in global currencies. They analyze the hawkish Fed's surprising remarks and their implications for the dollar. Junya sheds light on the unexpected dovish stance of the Bank of Japan and the potential risks for the yen. They also discuss the revised USD/JPY forecast and the influence of recent political events in Asia on FX markets. It's a fascinating dive into the ever-changing world of foreign exchange!