BoJ Minutes: Members discussed the impact of the weak yen on economy

The Bank of Japan's Minutes of the Monetary Policy Meeting in October concluding on 28 2021 has been released. 

Key notes

Members discussed the impact of the weak yen on the economy.

More to come...

Meanwhile, USD/JPY is trying to break higher:

More to come...

About the BoJ Minutes

The Bank of Japan publishes a study of economic movements in Japan after the actual meeting. These meetings are held to review economic developments inside and outside of Japan and indicate a sign of new fiscal policy. Any changes in this report tend to affect the JPY volatility. Generally speaking, if the BoJ minutes show a hawkish outlook, that is seen as positive (or bullish) for the JPY, while a dovish outlook is seen as negative (or bearish).