Thursday 27 July 19:00 UK time

In recent months it's become the norm to expect the unexpected from the BOJ. Today is a prime example. Last week governor Ueda was adamant that policy was fine and there was no need to adjust anything. Today there has been a leak suggesting yield curve control will be adjusted. As it's so close to the BOJ decision, the JPY strength from the comment is not tradeable. So it's all eyes on today's decision and statement, due at 00:30 UK time Friday.  This also means that unfortunately, any potential trade ideas from today have been out on hold until we get some clarity from Japan, because any trade placed this evening could be thrown around by volatily steming from the BOJ decision and statement.

Next look: early tomorrow morning UK time