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JPY softens ahead of BoJ policy decision – Scotiabank
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JPY softens ahead of BoJ policy decision – Scotiabank
The Japanese Yen (JPY) is somewhat weaker versus the United States Dollar (USD), underperforming most G10 currencies, as markets wait for next week’s BoJ conference where a 25bps rate walking is extensively anticipated. Policymakers signal the capacity for more tightening up in 2026, keeping USD/JPY range-bound in between 154 and 157, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. USD/JPY remains range-bound amidst hawk…
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