Japanese media report that the BOJ will raise its view of inflation for 2022 to above 2%

Bank of Japan report comes via JiJi press in Japan.

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On this headline, do be aware the BOJ have recognised the boost in inflation but are adamant the boost is transitory.

The market is looking for excuses to give the short side of USD/JPY a chance right now,

usdyen 07 July 2022 boj 2 percent cpi

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