Friday , 20 September 2024
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BOJ reportedly making final preparations to exit negative rates next week

The headline is striking but looks to be a rehash of a somewhat similar story to yesterday: BOJ arranging to end negative interest rate policy next week – report

The yen is not showing much enthusiasm to this nor the wages headline in the post before. USD/JPY is only down 0.1% to 148.18 and is still up by 0.8% so far this week. That is quite telling on the appetite among yen bulls at the moment.

This article was written by Justin Low at www.forexlive.com.

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