TL;DR: USD/JPY is testing 157.11 as one widening policy differential, not two separate stories—the Fed is accelerating into a new tightening phase while the BoJ’s divided vote reduced the odds of a back-to-back hike, both reinforcing the same Dollar-favorable repricing. USD/JPY’s rise this week is best understood as one widening policy differential with two reinforcing […]
The post USD/JPY Jumps as Back-to-Back BoJ Hike Risk Fades—Can Momentum Carry It Back to 160? appeared first on ActionForex.
