- BOJ decision could pour could water on the economy, needs high attention
- Policy tweak sends a message to finally exit from easing policy
On the final point, that certainly is reflected by 10-year JGB yields but not so much in the Japanese yen currency. The poor method of communication from the BOJ itself is in part to blame I would say and with USD/JPY running up above 142.00 today, there is scope for the yen to weaken further based on the technicals at least.