“USD/JPY Implied Volatility Soars Ahead of BOJ Meeting: What to Expect on January 24th”
USD/JPY Consolidation Coming to an End Soon The current state of USD/JPY USD/JPY may be consolidating for now, but not for much longer if the ~230-pip implied volatility range is correct. And with a 25bp hike expected from a central bank notorious for not sticking with market consensus, nothing should be taken for granted. Implications…