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Forex outlook: Markets to focus on BOJ Governor Ueda's remarks

Tue May 26, 2026 5:24 pm JST Currency

The dollar-yen exchange rate in the foreign exchange market from tonight through tomorrow is likely to be influenced by remarks from Bank of Japan Governor Kazuo Ueda and other factors. The expected range is 158.60-159.70 yen per dollar.

The previous day saw the dollar-yen rate remain in a back-and-forth pattern around the 159 yen level, partly due to the Memorial Day holiday in the United States. Tonight, the release of the U.S. May consumer confidence index and other data is scheduled, with results drawing attention. Additionally, the situation in Iran is likely to continue influencing the market. Furthermore, tomorrow BOJ Governor Ueda is scheduled to deliver opening remarks at an international conference hosted by the Bank of Japan, and the content of his comments is expected to attract attention.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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