Yen rising further – speculation mounts the BOJ to forecast inflation higher, tweak policy

<p>The speculation of a policy tweak at the Bank of Japan July 27 and 28 meeting is still flourishing. </p><p>Today we've had two separate threads, inflation forecasts solidifying higher, and talk of a YCC change at the upcoming meeting:</p><ul><li><a href="https://www.forexlive.com/centralbank/japanese-media-report-the-boj-is-likely-to-raise-its-fy2023-inflation-forecast-above-2-20230713/" target="_self" rel="follow">Japanese media report the BOJ is likely to raise its FY2023 inflation forecast above 2%</a></li><li>F<a href="https://www.forexlive.com/centralbank/former-boj-director-hayakawa-expect-the-bank-to-tweak-ycc-at-the-july-meeting-20230714/" target="_self" rel="follow">ormer BOJ Director Hayakawa expects the Bank to tweak YCC at the July meeting</a></li></ul><p>Yen is still catching a tailwind:</p>

This article was written by Eamonn Sheridan at www.forexlive.com.