Published: 2026-03-25T04:25:35.000Z
USD/JPY flows: Ceasefire?
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Market long for ceasefire hope
BoJ minutes reinforce gradual but ongoing rate hike bias
The January BoJ meeting minutes are showing the same rhetoric they have been holding and provided little cues for the next rate hike. The lack of strong commitment from the BoJ is one reason of JPY weakness. There are also headlines circulating on a one month ceasefire between Israel, U.S. and Iran and kept hopes high but Iranians are skeptical.
USD/JPY is trading 0.14% higher at 158.91.