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EPISODE · Oct 3, 2025 · 16 MIN

Yen volatility, the BoJ and the Fed

from The MUFG Global Markets Podcast · host MUFG EMEA

The US dollar is marginally lower this week (-0.5%) with the economic data that was released this week confirming still weakening labour market conditions. Derek Halpenny, Head of Research Global Markets EMEA & International Securities talks to James Roulston Institutional FX Sales about the LDP leadership election taking place on Saturday and the implications for BoJ policy and the yen going forward. In addition Derek discusses with James the implications of the ongoing government shutdown running into the FOMC meeting later this month.

The US dollar is marginally lower this week (-0.5%) with the economic data that was released this week confirming still weakening labour market conditions. Derek Halpenny, Head of Research Global Markets EMEA & International Securities talks to James Roulston Institutional FX Sales about the LDP leadership election taking place on Saturday and the implications for BoJ policy and the yen going forward. In addition Derek discusses with James the implications of the ongoing government shutdown running into the FOMC meeting later this month.

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Yen volatility, the BoJ and the Fed

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The US dollar is marginally lower this week (-0.5%) with the economic data that was released this week confirming still weakening labour market conditions. Derek Halpenny, Head of Research Global Markets EMEA & International Securities talks to...

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