Forex (SPOT)

USDJPY: Weekly Analysis update & Outlook

Speculation about when the Bank of Japan will end its negative interest rate policy (NIRP) has been rife, but seen as more likely to come in January than December.

Price action in JPY-related FX option markets isn’t offering many clues, with increased demand and high volatility risk premiums for both meetings, and also for a speech by BoJ Governor Kazuo Ueda on Dec. 25.

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