BOJ Governor Ueda and his fellow policymakers are widely expected to keep rates on hold for the time being, but will they still keep the door open for more tightening? Our Event Guide for the June BOJ decision points out that officials are merely pausing from rate hikes because of trade uncertainty but that tightening could resume as soon as data reflects a recovery. Here’s what I’m watching on USD/JPY and AUD/JPY in this scenario.
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