FX Watch: CHF/JPY and NZD/JPY Breakdown Plays on a BOJ “Hawkish Hold”

Even though the BOJ is widely expected to sit on their hands for now, hints about future tightening or upgrades in their inflation forecasts could still spur declines for CHF/JPY or NZD/JPY. Here’s what I’m looking at.

Apr 30, 2025 - 05:26
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FX Watch: CHF/JPY and NZD/JPY Breakdown Plays on a BOJ “Hawkish Hold”

Even though the BOJ is widely expected to sit on their hands for now, hints about future tightening or upgrades in their inflation forecasts could still spur declines for CHF/JPY or NZD/JPY. Here’s what I’m looking at.