USD/JPY moving around, swings helped by thinning liquidity ahead of Bank of Japan decision

USD/JPY is swinging about a little as liquidity thins and spreads widen ahead of the Bank of Japan decision.


The news flow of a March pivot has been relentless, the Bank of Japan has not appeared to push back against these reports, and yet there is still a niggling doubt that the Bank will wait until April.

Pivot for:

Pivot against:

The statement from the BoJ is expected some time in the 0230 to 0330 GMT time window. The Bank does not have a firmly scheduled time for its announcement.

This article was written by Eamonn Sheridan at Source