The Japanese Yen (JPY) USD/JPY closed above Y90 as the bulls remain in control ahead of the BOJ meeting tomorrow. Investors expect the BOJ to announce a new 2% inflation target that the Government has been pressuring the central bank to adopt since they swept to power in elections last month. EUR/JPY is getting a lot of attention with the recent uptrend stalling at Y120 on Friday but the outlook remains strong.
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