The USD/JPY gained 0.48% on Tuesday. Reversing a 0.08% loss from Monday, the USD/JPY ended the session at 147.644. The USD/JPY fell to a low of 146.618 before rising to a Tuesday session high of 148.163. Wage Negotiations in the Spotlight On Wednesday, wage negotiations between Japanese companies and the unions will take center stage. The outcome of the negotiations will influence the timeline for a BoJ pivot from negative rates. A marked increase in wages would increase disposable income. Higher disposable income could fuel household spending and demand-driven inflation. The BoJ needs household spending and the ... (full story)