As of Saturday, / opened at 145.12 and peaked at 145.44.
Usd/JPY could fall to 130 if the yield curve control ceiling is raised, which would help eliminate speculative yen shorts, the bank said.
Ubs warned that the boj may be wrong to choose to tighten policy amid a sluggish global economy and may not turn over the next two years.
Markets will not be able to force the boj’s hand.
16:00 China September M1 supply ex y/y 6.10 forecast 6.40 to be released