USD/JPY Is Trading A Little Above 146.


The bank of Japan (BoJ) left monetary policy unchanged as expected, with the policy rate at -0.10% and the 10-year Japanese Government Bond (JGB) yield target at plus or minus 25 basis points around 0.00%

Earlier in the day, Japan’s Prime Minister Fumio Kishida announced an extra 29.1 Trillion Yen in budget stimulus measures. Tokyo CPI came above forecast at 3.5% year-on-year to the end of October. 

Wall Street provided a mixed lead for Asian equities, with the Dow Jones finishing the cash session slightly in the green, but the S&P 500 and the Nasdaq 100 ended in the red. Futures markets are pointing to a similar start to their day ahead.

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