Japanese Yen edges lower amid the firmer US Dollar broadly
- The BoJ Governor Kazuo Ueda said on Saturday that the central bank will adjust the degree of monetary easing at the appropriate time if it becomes confident that the underlying inflation rises toward 2%.
- The US JOLTS Job Openings rose to 7.74 million in October, compared to 7.37 million openings in September, according to the US Bureau of Labor Statistics (BLS) on Tuesday. This reading came in higher than the market expectation of 7.48 million.
- Fed Governor Adriana Kugler said the labor market remains solid, and inflation appears to be on a sustainable path to the Fed's 2% target. However, Kugler underscored that the central bank’s policy decisions are not on a preset course.
- San Francisco Fed President Mary Daly stated that an interest rate cut in the December meeting isn’t certain but remains on the table for policymakers.
- Chicago Fed President Austan Goolsbee noted he expects interest rates will “come down a fair amount from where they are now” over the next year, per Bloomberg.
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