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Yen Extends Declines After Ueda Gives Mixed Signals on Hikes

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Finance · 9/18/2026, 3:29:32 AM UTC

Strategists Say Ueda’s Less-Hawkish Comments Weighed on Yen

The yen extended losses as Bank of Japan Governor Kazuo Ueda’s comments at a press conference disappointed investors who were looking for a more hawkish tone, strategists said. The BOJ needed to avoid letting prices deviate above target and harming the economy, Ueda said, speaking after the central bank raised its b…