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USD/JPY falls further, down over 3% after BOJ policy tweak

USD/JPY falls further, down over 3% after BOJ policy tweak

That's a big move for just a tweak on yield curve control policy but I reckon it is also in part that traders are preparing for a bigger pivot of sorts from the BOJ after the latest move today. It is a sign of a change in times for Japan's central bank and that could result in a massive unwinding of the run lower in the currency during the course of the year.

USD/JPY is now down over 3% to 132.70 levels, its lowest... Read More

Posted: Dec 20 2022, 06:22
Author Name: forexlive
Views: 110825

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