Yen in Crosshairs as Pimco’s Clarida Sees Risk of a BOJ Letdown

  • Volatility measure reaches highest since financial crisis
  • Japan’s currency down about 2% this month on stimulus bets

Pimco's Clarida: 30% Chance BOJ Doesn't Do Anything

The yen gained ahead of Friday’s Bank of Japan policy meeting as traders weighed the potential for further monetary stimulus from Governor Haruhiko Kuroda.

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