"No change in policy as the BOJ adopts a wait and see approach," TD Securities analysts said previewing the Bank of Japan's policy meeting next week."
"We do see a growing risk that a YCC tweak occurs in October to enhance flexibility and alleviate negative yields. This meeting could hint at an enhanced curve corridor or YCC curve rolldown."
"USDJPY to drift in a 107/109 range in the short-term as bond markets continue to adjust from a fatalist attitude. Some risk of a punch above the range towards the 200dma but we expect this to be solid resistance. Strategically, we see value in scaling in EURJPY shorts."
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