Is BOJ setting for a surprise once again?

29 Oct

 

The consensus is for 10T yen in fresh easing but there has been plenty of talk about 20T and other measures. In the spring, the BOJ eased more than expected and USD/JPY fell, so trading it is always a minefield.

 

The FT has an awesome chart that shows the Bank of Japan faking out analysts time and time again.

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