USD/JPY on the move - liquidity getting thinner as we await the BOJ announcement

No announcement as yet form the Bank of Japan.

  • The market is nervously awaiting the decision, with a drying up of liquidity to a large degree
  • Combine that with the lunch time break in Tokyo and its leaving yen susceptible to some swings

If you are a regular on Monday mornings pre-Tokyo you'll be aware of the danger of times of low liquidity. Prices can move, and be moved, on not too much at all.

At times like this Stoppie Monster has a feast

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