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BOJ's Tweak and My Yen Headache
So the whispers out of the BOJ this morning, hinting at a slight easing of their grip on rates, is an interesting one. While we didn't see a dramatic shift in $N225, it’s enough to make me reassess my longer-term USDJPY outlook. Been a bit of a grind, hasn't it? Might need to start thinking about the yen having a bit more life in it, even if just for a short relief rally, which could impact my general commodity plays.
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