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The longer we wait for the BOJ announcement the twitchier yen is going to get - here's why
The wait for the Bank of Japan announcement is stretching on longer than normal. Not wholly unexpected:We are well inside the expected time window for a BOJ announcementThe thing is traders and investors are holding off trading in JGBs, yen, and other Japan assets while we await the Bank of Japan decision. This makes sense, not many of us are loading up ahead of the announcement.The result in markets is spreads widening, and choppy, gappy price action. Hang in there folks!ICYMI:The latest chatte...
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Posted: Apr 28 2023, 03:32
Author Name: forexlive
Views: 112586