💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
Kazuo Ueda did not provide support for the hawks' bets, and the yen quickly gave back its gains.
On November 21, Jinshi Data reported that the President of the Central Bank of Japan, Kazuo Ueda, stated that the economic impact of the exchange rate will be carefully considered. The USD/JPY exchange rate initially fell because Ueda did not provide sufficient evidence to support hawkish bets, causing the spot and options markets to quickly retreat. The 1-month USD/JPY options benchmark, covering the policy decisions of the Federal Reserve on December 18 and the Central Bank of Japan on December 19, implies a significant increase in volatility and premium, reflecting the increased risk associated with these key meetings. However, Ueda reiterated that the Central Bank of Japan will rely on more data before making any decisions at the December policy meeting.