Opening Remarks by Executive Director KAMIYAMA at the 11th Meeting of the Liaison and Coordination Committee on Central Bank Digital Currency on May 29, 2026 (Stepping into the Future: Shaping the Evolution of Japan's Payment and Settlement Systems)
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Stepping into the Future: Shaping the Evolution of Japan's Payment and Settlement Systems Opening Remarks by KAMIYAMA Kazushige, Executive Director, at the 11th Meeting of the Liaison and Coordination Committee on Central Bank Digital Currency on May 29, 2026 June 11, 2026 Bank o
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The desk believes that the Bank of Japan's recent remarks on financial system stability signal a cautious but positive outlook for the JPY. Per the full note [source], Executive Director Kamiyama emphasized the importance of evolving Japan's financial framework, which could support a more resilient currency. This perspective aligns with upcoming economic data releases, particularly the GDP growth rate and balance of trade figures, which may further influence market sentiment. As traders prepare for these key indicators, the consensus target for USD/JPY remains at 1.075, reflecting a range of expectations among major firms.
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Opening Remarks by Executive Director KAMIYAMA at the 11th Meeting of the Liaison and Coordination Committee on Central Bank Digital Currency on May 29, 2026 (Stepping into the Future: Shaping the Evolution of Japan's Payment and Settlement Systems)