Implied Volatility Screams Higher ahead of Tomorrow’s BoJ Meeting

[PocketOption]

Implied Volatility Screams Higher ahead of Tomorrow's BoJ Meeting

Overnight implied volatility has risen sharply higher for yen pairs ahead of tomorrow's Bank of Japan (BOJ) meeting. In fact, they now sit at their highest level since Brexit, which saw some yen pairs produce double-digit percentages moves (to the favour of the yen) following the infamous vote. Why are traders on edge ahead of […]

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