BoJ: A March hike is under consideration, and Friday’s wage data will be the decisive input – ING
|Volatility on the Japanese Yen (JPY) has remained elevated since the start of the week. Economists at ING analyze JPY outlook.
USD/JPY will be impacted by US CPI data and may find some support
The JPY curve currently shows a 73% implied probability of a hike next week, although, by the end of the week, we may see it being scaled back as much as being pushed to fully pricing in a move depending on Friday’s wage data.
For today, USD/JPY will be impacted by US CPI data and may find some support.
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