<p>Most major forex centres are closed for a holiday Monday (26 December 2022).</p><p>I posted who is open and who is closed here:</p><ul><li><a target=“_blank“ href=“https://www.forexlive.com/news/a-barrage-of-asian-market-holidays-incoming-next-week-fx-guide-20221223/“ target=“_blank“ rel=“follow“ data-article-link=“true“>A barrage of Asian market holidays incoming next week – FX guide</a></li></ul><p>Japan is open Monday, 26 December 2022, and BOJ Gov. Kuroda is speaking:</p><ul><li>scheduled for 0350 GMT on 26 December 2022 (this is 2250pm NY time on 25 December)</li><li>Kuroda is addressing a meeting of Councillors of Keidanren (Japan Business Federation) in Tokyo. Keidanren is a significant organisation in Japan with close links to Japan’s ruling Liberal-Democratic Party. It provides advice to the government on economic issues. </li></ul><p>Last week the BOJ widened its tolerance band for JGB yields, sending a shockwave through global markets:</p><ul><li><a target=“_blank“ href=“https://www.forexlive.com/news/forexlive-asia-pacific-fx-news-wrap-boj-pivot-sends-the-yen-rocketing-higher-across-board-20221220/“ rel=“follow“ target=“_self“ class=“article-link vertical-align-baseline“>ForexLive Asia-Pacific FX news wrap: BOJ pivot sends the yen rocketing higher across board</a></li><li><a target=“_blank“ href=“https://www.forexlive.com/news/forexlive-european-fx-news-wrap-yen-flying-high-after-boj-policy-tweak-20221220/“ rel=“follow“ target=“_self“ class=“article-link“>ForexLive European FX news wrap: Yen flying high after BOJ policy tweak</a></li><li><a target=“_blank“ href=“https://www.forexlive.com/news/forexlive-americas-fx-news-wrap-yen-hits-new-highs-as-the-boj-fallout-continues-20221220/“ rel=“follow“ target=“_self“ class=“article-link“>Forexlive Americas FX news wrap: Yen hits new highs as the BOJ fallout continues</a></li></ul><p>USD/JPY plunged on the announcement and the swings continued:</p><p class=“western“ align=“left“>
(This
chart is from our charting app, which is free and <a target=“_blank“ href=“https://www.forexlive.com/LiveCharts“>can
be found at this link</a>)</p>

This article was written by Eamonn Sheridan at www.forexlive.com.