USD/JPY November 16th Analysis – “Unlimited Easing” Rhetoric – Extended JPY Downside Our previous USD/JPY update (Wednesday) noted that the market was pricing in the potential for additional monetary easing measures in Japan, as Shinzo Abe, head of the LDP (Liberal Democratic Party) looked set to lead the next Japanese government. Abe, today called on the BoJ (Bank of Japan) to implement “unlimited easing measures” according to news reports. This has seen additional pressure on the JPY which has now experienced extended losses versus its major currency counterparts. Our previous update likewise noted that if the ... (full story)