BOJ to keep all YCC settings unchanged – BofA BOJ CentralBanks USDJPY Banks
Key quotes
"That said, we think it will take some time before pressure over the yen dissipates. Japan's trade deficit has expanded and remains wide. Japanese companies have accelerated outward M&A activity since March. The new university fund is likely to invest into foreign assets. A dip in USD/JPY is likely to be bought from Japanese companies and investors.”
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
When is the BoJ and how might it affect USD/JPY?At around 0300 GMT, (as there is no fixed time as usual for the decision, but traders will be looking for it around this time), the Bank of Japan is e
Read more »
US Dollar Forecast: DXY Gathers Pace, USD/JPY Eying 130 Around BOJ?The US Dollar has reached its highest level since 2017 as the Fed is on the cusp of a series of aggressive rates hikes. US Treasury yields have outpaced their EU, Asian counterparts, pushing out interest rate differentials.
Read more »
GBP/JPY bounces at 160.00 as risk appetite stabilises, yen bears eye upcoming BoJ meetingGBP/JPY is enjoying a much overdue bounce on Wednesday and was last trading higher by about 0.9% on the day in the 161.30s, having reversed an earlier
Read more »
GBP/JPY bounces at 160.00 as risk appetite stabilises, yen bears eye upcoming BoJ meetingGBP/JPY is enjoying a much overdue bounce on Wednesday and was last trading higher by about 0.9% on the day in the 161.30s, having reversed an earlier
Read more »
When is the BoJ and how might it affect USD/JPY?At around 0300 GMT, (as there is no fixed time as usual for the decision, but traders will be looking for it around this time), the Bank of Japan is e
Read more »
Japan’s Suzuki: Watching impact of yen falls with a sense of urgencyJapanese Finance Minister Shunichi Suzuki reiterates that his government “will closely watch the impact of recent yen falls on Japan's economy and pri
Read more »