USD/JPY: BoJ easing risks ahead? – FXStreet

By FXStreet Valeria Bednarik, chief analyst at FXStreet explained that BOJ’s officers will probably cheer the recent surge in worldwide stocks, as the move among equities pushed the USD/JPY pair back above the 100.00 figure this Tuesday.

Key Quotes:

“The pair has been steadily rising ever since the day started, accelerating higher during the US session, tracking Wall Street’s gains.”

“The macroeconomic calendar will remain empty in Japan until early Thursday, when the country will release its latest inflation figures. Should the data disappoint, the market will rush to price in further BOJ easing, triggering more gains in the USD/JPY pair.”
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Source:: FX Street