BoJ and USDJPY BOJ holds rates at 0.75% (6-3 split). - 3 members pushed for a hike. - Core inflation forecast raised to 2.8%, growth cut to 0.5%. - Ueda stays cautious, hawkish undertone. - Yen jumps, then fades. Nikkei -1%. - Markets eye June hike. - Hawkish hold puts pressure on yen. USDJPY is approaching our target, it should be a nice short opportunity.
Published Apr 29, 2026Updated Apr 29, 20262 min read
BoJ and USDJPY BOJ holds rates at 0.75% (6-3 split). - 3 members pushed for a hike. - Core inflation forecast raised to 2.8%, growth cut to 0.5%. - Ueda stays cautious, hawkish undertone. - Yen jumps, then fades. Nikkei -1%. - Markets eye June hike. - Hawkish hold puts pressure on yen. USDJPY is approaching our target, it should be a nice short opportunity.
