A hot US inflation print and an unchanged BoJ suggest 142+ for USDJPY. But a BoJ tilt could accelerate yen strength as it would get the yen ball rolling, sending the market into a repatriation flow frenzy which could have a more positive impact. on yen.

JPY CPI is Friday, so the view should be  

A weaker domestic inflation print and an unchanged BoJ suggest 142+ for USDJPY. But a BoJ tilt could accelerate yen strength as it would get the yen ball rolling, sending the market into a repatriation flow frenzy which could have a more positive impact. on yen.