Flash: BoJ to stay quiet, risk of Yen short squeeze remains - TDS

FXstreet.com (Barcelona) -On the two-day BoJ meeting, while Shaun Osborne, Chief FX Strategist at TDS, don’t expect any major policy announcements, "official commentary could provoke more choppy price action in USD/JPY" Osborne said.

Osborne adds that "It’s worth noting that speculative short positioning in the JPY has grown to extreme levels again (as per last week’s CFTC data), leaving the potential for a short squeeze."