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Published: 2024-12-13T04:24:36.000Z

USD/JPY flows: Stay higher after the BoJ leak gains

byCephas Kin Long Yung

FX Analyst
1

No more BoJ leak on Friday

There are no more BoJ leaks on Friday as the market seems to be perceived that the BoJ will likely be holding in the December meeting. While we continue to favor a 25bps hike from BoJ with the current inflationary development, the headline seems to suggest a 10bps hike max with a potential hold on the cards.

USD/JPY is challenging the 153 figure at 153.02, up 0.27% for the session.

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Topics
Foreign Exchange
FX DM
Flows
USD/JPY-Commentary

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