The yen is reportedly gaining ground, and some market participants believe that expectations of selling around the BOJ meeting are spreading. There is also an interpretation that policy is progressing toward normalization.
The article reports that the yen is rising again and focuses on market movements surrounding the Bank of Japan's meeting. Although no specific figures are given, it suggests that a stronger-yen phase is being watched.
It also reports that selling expectations have emerged around the BOJ meeting, alongside an interpretation that progress is being made toward monetary policy normalization.