Jan 22, 2014
USD/JPY - Choppy action, BoJ eyed
USD/JPY continues to display a directionless bias, with technicalS still unclear short term ahead of the BOJ monetary policy announcement later today - anytime from 3 to 5GMT - , in which consensus is to end up being a non-event, despite Nomura has warned about slight risks of "decreasing expectations for an early easing..."
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