That was the magic number of Rengo, the largest of Japan, the most introducing the year of the year in the spring of this year. It was a very ambitious man but at least he helped to deliver another average floating walk tour at the end of the day. The second year is now running Japan is on average average walk above 5% anyway. But he gave the back, definitely think better for better.
USD / JPY Daily Card
The re-entering statement to March are that the Boj is going to use the results of the Spring Funding discussions as an important basis for raising their issue. If the numbers are delivered as traders, traders even considers the potentially raised rotation in May.
But with this news hereIt looks like that could be off the table.
All that is said, the wage of wages is 5.46% in the first round is a terrible and is it glimming aim. And so the question is now how the boj is to use that to set the agenda?
In particular, usually think that the markets think is important to spin the story. And as traders, we only read the tea leaves.
At first sight, this should not be carrying the boj to run the next interest walking. But I would notify in case of noticeable to be careful and adopted to the idea of springing spinning on the results of spring.
In any case, USD / JPY is now up to approximately 149.00 on the day but it is difficult to view the translation to the translation of BOJ benefits; at least not alone.
