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USD/JPY spikes to fresh session highs above 146 on news wire reports
A headline just now breaking on a major financial news wire is citing Bank of Japan sources as stating there is no immediate need to change the current monetary policy stance. The article also cites BOJ reports as noting, there is no evidence of a sustainable increase in Japanese inflation. So, the USD/JPY has just now risen above the146 handle following this news. It is currently trading at 146.25
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The next update on USD/JPY will come early tomorrow morning after the BOJ policy decision
The USD/JPY is off its lows but clearly still tracking below the high seen earlier. The actual range today has been covered today by 156.11 and 156.75...
