EUR/JPY downtrend likely to persist if BoJ leave policy unchanged

Posted on November 18th, 2015

The market appears to see some risk that the BoJ surprise at tomorrow’s meeting and ease policy.  This is not out of the question, but the timing would be very odd.  EUR/JPY downtrend appears likely to persist if the BoJ refrains from easing.  The market is relatively sure that the Fed will tighten in December […]