Japan – JPY weakness reinforcing BOJ confidence
It feels to us that, with so much of the market's focus being on $JPY and the MOF, not enough attention has been paid to the increasing confidence being expressed by the BOJ.
![Japan – JPY weakness reinforcing BOJ confidence](/content/images/size/w2000/2024/05/Screenshot-2024-05-07-at-2.52.11-PM.png)
It feels to us that, with so much of the market's focus being on $JPY and the MOF, not enough attention has been paid to the increasing confidence being expressed by the BOJ.