Markets price in around 45 basis points of BoJ tightening by year-end. The policy rate is expected to approach the neutral level of 2% within twelve months. A 50-basis-point September hike and back-to-back increases remain unlikely. Potential changes to GPIF’s asset allocation have also supported the yen. The 155 area may act as key support […]The post Yen’s Appreciation Potential May Be Running Out appeared first on ActionForex.