USD/JPY surging still, highs above 153.40

USD/JPY is nearly 100 points hihger on the session.

The only items of significance we’ve had today are the leadership vote coming up in parliament:

• Japan Prime Minister Ishiba faces leadership vote in parliament today

Which seems to be dipping into the sordid/farcical:

• Head of key Japan opposition party admits to extra-marital affair

And BOJ Summary:

• BOJ Summary (Oct.): Yen’s depreciation has significant effects
• “BOJ divided on rate hike timing” – USD/JPY pops a little higher on the session

This article was written by Eamonn Sheridan at www.forexlive.com.