With the Japanese yen in freefall and direct FX intervention unable to stop the bleeding, the spotlight is squarely on the Bank of Japan’s upcoming meeting on Friday. While the central bank is expected to revise its inflation forecasts higher, it is unlikely to deliver any meaningful policy changes, keeping the devastated currency under heavy pressure.

0:00 Intro
0:13 FX intervention
1:44 BoJ meeting
2:55 Yen

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