Wow that was unexpected. If JPY can shrug off an 8-1 vote interest rate announcement like that, it could be headed way down. I am going to wait a few hours to let it all settle in, and if the price is where it was before Fukui spoke, I might just go ...

BoJ Rate Decision and Fukui speaks at 1:30 EST

Agreed. So, if we do get a strong vote count toward raising rates, which would indicate further hikes, it seems to me that this will occur rather slowly, with pauses along the way. I think the Japanese economy is still fragile, and they will be ...

BoJ Rate Decision and Fukui speaks at 1:30 EST

Today is the Bank of Japan interest rate announcement. Around the time you mentioned the BOJ Governor, Toshihiko Fukui, proposed to raise rates to .50%. There are a few discussions going on around the forum about it.

GBP/jpy

If the rate does indeed go to .5%, which I think it will (I don't think Fukui would stick his neck out like this if he didn't have support), the impact on the carry trade will be minimal. I've heard a few sources say that it would take a 2% increase ...

BoJ Rate Decision and Fukui speaks at 1:30 EST