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ICYMI: BOJ opinions and tankan both point to more rate hikes after September's move
The dollar's rise to about 157.87 yen suggests traders read the opinions as supportive of more hikes but not of an immediate follow-up, so expectations for an October move have been trimmed. Softer U.S. inflation data and the Cabinet Office's call for caution both argue against a rapid pace. Elevate
Why it matters
USD/JPY (US Dollar / Japanese Yen) · Why linked: The article directly discusses the dollar's level versus the yen and shifts in expectations for BOJ rate hikes. Market context: Dimmed expectations for an immediate BOJ hike could keep USD/JPY elevated near 157.87, with yen weakness persisting.
EWJ (Japan ETF) · Why linked: BOJ policy trajectory and yen movement are major drivers of Japanese equities. Market context: Signals of further BOJ hikes later on support Japanese financials and banks, but a stronger yen would be a headwind for exporters.
How EWJ usually react
This story is too recent for its own reaction record — we score each asset against the actual price move 24h after publication. These are the long-run figures across every event we have tracked for them.
| Asset | Events | Avg max move | Closed lower |
|---|---|---|---|
| EWJ | 6 | +1.03% | 33% |
Curated by Newsig — News in. Signal out.
How the reaction data is measured · Editorial policy