Here's a piece in the Nikkei, just a bit of background really
Its all about the improved communications from the Bank of Japan this year.
You might remember the impact of the big surprise from the Bank back in January, when Kuroda introduced a negative rate policy, right after telling everyone the bank wasn't doing that!
The yen weakened for a few hours after that and then started on an unwanted multi-month strengthening. So much for surprises.
Ever since then Kuroda has dialled back on the surprises. More at the article, here: Kuroda highlights a more communicative BOJ
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ps. It's a Japanese market holiday today.
And, not a lot happening on the forex. Updates:
