Bank of Japan decision is overdue
USD/JPY is starting to creep higher as traders make the longshot bet that the BOJ drops a bomb today and eases.
They say Kuroda likes to surprise when he acts. The Oct 2014 was unexpected but not a complete shock. This would be a total surprise.
It would be an amazing reward for the traders who are always prepared for anything and patiently watching ForexLive and waiting for the headlines.
I don't see any significant downside in buying USD/JPY here and the upside on an ease would be massive.
