Japanese yen the laggard as the BOJ wrong-foots traders again ...Middle East

The reports over the last week suggested that the BOJ was going to start tapering bond purchases at today's meeting. Ueda also hinted at that in his speech last week here. That set up market expectations, with the majority anticipating such a move to come this week. But alas, this turns out to be another lesson in conjunction to the Japanese central bank. Things just never are what they seem when it comes to the BOJ.USD/JPY has risen as a result, with the yen falling across the board. The thinking here is that the BOJ would have began tapering bond purchases before the next rate hike. Now that they did not, where does that leave us?The pair is now breaching the late May high and is looking b

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