I’ll just take it for a fact that BOJ is making big bucks shorting it’s currency if come Thursday they don’t do a rate increase to send a clear message. Making it clear to those shorting JPY that it’s not just a all back and no bite Bank anymore. ⏱️: Let’s keep a close eye on how they play this come Thursday.
BOJ interest rate decision will be on Friday*. Mixup the date. It will be an interesting market section to follow up on come Friday. Let’s see what move BOJ have up their shelves.