JPY: BoJ leans against back-to-back hike this month, eyes December
Bank of Japan officials are leaning towards not implementing consecutive rate hikes this month, according to the report. They may still consider raising rates at the December decision. The source reports no price move, pip figure or technical levels. For yen traders, the key takeaway is timing. A pause this month removes the prospect of an immediate follow-up tightening, while December stays open as a possible window for the next hike. This keeps BoJ policy expectations central to yen-based pairs, and positioning may shift as markets assess the likelihood of a December move.
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