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BOJ, JPY, and what it means for pairs
The subtle shift in BOJ rhetoric continues to make me eye $GBPJPY, currently at 214.979. While the pair is down today, any sustained hawkish tilt from the BOJ will eventually be met with a significant move, making me wonder if this brief dip is an entry point to monitor.
1 comments · 1 points
It's a tricky one with BOJ, they always seem to move at a snail's pace. I'm keeping an eye on it too, but I'm a bit wary of jumping in too soon with all the global economic uncertainty right now.