All Things Forex Broadcast: What’s Next for the JPY after the BoJ Decision?

In the broadcast today: What’s Next for the JPY after the BoJ Decision? Following the Bank of Japan’s decision to raise the inflation target but to postpone open-ended QE until next year, we examine today’s strengthening of the JPY and explore what the future might have in store for the Japanese currency, we analyze the latest trend developments in the USD/JPY currency pair, we keep an eye on the GBP/USD pair’s test of its monthly range bottom, we note yet another failure of the EUR to break higher vs. the USD, we highlight the market’s reaction to the Bank of Japan monetary policy announcement, the U.K. Government Borrowing, the German ZEW Index, and the U.S. Existing Home Sales, we discuss new forecasts from Citigroup and Commerzbank, and prepare for the trading session ahead.

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