By Jeremy Boulton — Oct 01 - 02:45 AM
Highly unlikely any changes to BOJ to policy happen quickly nL1N3JT0CT
Policymakers discussed need for caution in raising rates nL4N3LD00O
Top currency diplomat acknowledges that yen shorts unwound nP8N3KT008
The stronger yen is tightening policy before the BOJ acts again
Traders holding biggest bet on yen rising for years nL1N3LD07O
USD/JPY has settled into a range and it costs to hold USD shorts
There is scope for a rise to peak daily Bollingers at 146.69
Good chance USD/JPY rises above top of 140-145 range currently eyed
Source:
Refinitiv IFR Research/Market Commentary