USD/JPY Poised for Volatility Amid Shifting Rates Backdrop – Key Levels to Watch | Investing.com

BOJ Governor Ueda characterized the outcome of next month’s monetary policy meeting as “unpredictable,” re-opening the door for a potential interest rate hike. Traders are now pricing in 50/50 odds for both a BOJ rate hike and a Fed rate cut in December, setting USD/JPY up for volatility around key economic reports. A close near/below...