The BOJ has gotten the ball rolling on the Japanese yen ...Middle East

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The BOJ has gotten the ball rolling on the Japanese yen
And we're off to the races for the Japanese yen. It has finally reached a point where traders are now starting to price in the BOJ's next steps, either later this month or at the latest next month. USD/JPY has dipped much lower after the technical breakdown yesterday, tracking to near 148.00 now. So, what's next for the pair?The BOJ has gotten the ball rolling once again amid more hawkish murmurs this week. They are also touting stronger results from the spring wage negotiations and the early signs are looking optimistic.The thing about shorting USD/JPY too early was that the negative carry made it rather unappealing. And when you throw in the fact that the BOJ has disappointed yen bulls rat

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