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Next week’s Bank of Japan meeting is likely to be one of the most interesting meetings in years as the Japanese central bank mulls tightening monetary policy
There’s a lot of heavyweight US economic data released over the next week ahead of the Bank of Japan meeting. Will traders continue to respect USD/JPY 150?
Bank of Japan officials will be watching today’s NFP report with interest to see the reaction of the US dollar. Another leg higher for the greenback may force the Japanese central bank into the market.
Monetary policy decisions from the Federal Reserve and the Bank of Japan will give USD/JPY traders a lot to think about
The Japanese Yen picked up a small bid after a weekend article suggested that the Bank of Japan (BoJ) may soon review its ultra-loose monetary policy.