 Yen's recovery gained some momentum today on as speculation over an imminent BoJ rate hike. Governor Kazuo Ueda reinforced Deputy Governor Ryozo Himino’s earlier comments, suggesting that next week’s policy meeting could bring a shift in monetary policy. The unified tone from BoJ’s leadership is seen a calculated effort to prime markets for potential action. Overnight index swaps now indicate a 68% probability of a BoJ rate hike in January, rising to 86% by March. Positive observations by BoJ's regional branch managers on wages growth should have bolstered the confidence in BoJ’s readiness to act. Despite this, uncertainty still lingers as BoJ policymakers await US President-elect Donald Trump’s inauguration speech early next week, which may provide more concrete insights into his trade and economic policies...... | 
