The USD/JPY declined by 0.39% on Thursday. After a 0.63% gain on Wednesday, the USD/JPY ended the session at 150.722. The USD/JPY rose to a high of 151.430 before falling to a low of 150.286. End of the Negative Rate Era or? Speculation about the Bank of Japan exiting negative interest rates continues to do the rounds. Yet, despite the talk of a pivot from ultra-loose, the USD/JPY has continued to traverse within the 150 – 152 band for seven straight sessions. Weaker-than-expected Q3 GDP numbers, a slump in imports, and a more modest rise in exports suggest the need for caution. However, amid the doom and gloom, ... (full story)