ICYMI: Nomura are now forecasting a Bank of Japan (BoJ) interest rate hike next week ...Middle East

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The BoJ meet on January 23 and 24.

ICYMI, Ueda's comments sent the yen higher in the Tokyo afternoon:

BoJ Gov Ueda says will raise rates if improvement in economy & price conditions continuesMore from Bank of Japan Governor Ueda - lots of positive talk about wage hikes

JPY gained after Ueda (arrow) and continued to do so. It also benefitted from some USD weakness overnight:

This article was written by Eamonn Sheridan at www.forexlive.com.

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