[ad_1] I don’t envy Kazuo Ueda. The Bank of Japan governor faces the task of unwinding the world’s most-aggressive policy of QE and ultra-easy rates in the world’s most-indebted country. He took a small step towards less-aggressive policy on Tuesday and that has helped to prop up the yen. Earlier today, Reuters reported that the
[ad_1] © Reuters. The Bank of Japan (BOJ) has made a dovish adjustment to its Yield Curve Control (YCC) policy, leading to a weakened Japanese yen (JPY) against G-10 and Asian currencies. The adjustment has increased flexibility by placing a 1.0% upper end on the 10-year Japan Government Bonds (JGB) yield range as a reference
[ad_1] It’s a packed data agenda ahead, the highlight is the Bank of Japan statement. There is never a scheduled time for the release of the Bank’s statement. Its likely to be sometime in the 0230 to 0330 (GMT) time window (10.30 to 11.30 pm US Eastern time). Expectations of any change in policy from
[ad_1] © Reuters. FILE PHOTO: Euro, Hong Kong dollar, U.S. dollar, Japanese yen, British pound and Chinese 100-yuan banknotes are seen in a picture illustration shot January 21, 2016. REUTERS/Jason Lee/Illustration/File Photo By Rae Wee SINGAPORE (Reuters) – The dollar held steady in cautious trade on Monday and pinned the yen near 150 as traders
[ad_1] © Reuters. People walk in front the Central Bank headquarters building in Brasilia, Brazil March 22, 2022. REUTERS/Adriano Machado/File photo (Reuters) – Brazil’s central bank said on Friday it would hold auctions starting on Monday to roll over $15.5 billion in traditional currency swaps maturing on Jan. 2. The central bank said in a
[ad_1] Japanese Yen Prices, Charts, and Analysis BoJ meeting is key for the Yen. USD/JPY is testing the BoJ’s resolve. Download our Free Q4 Japanese Yen Forecast Recommended by Nick Cawley Get Your Free JPY Forecast The Federal Reserve, Bank of England and the Bank of Japan all announce their latest monetary policy decisions next
[ad_1] Deutsche Bank says Germany’s economy is set for a double-dip recession (after the recession in Q4 of 2022 & Q1 of 2023) expects a GDP contraction in Q3 2023 that’ll weigh on economic activity into 2024 despite receding inflation, we expect that private consumption will only gradually come out of its rut consumer confidence
[ad_1] The Bank of Canada left its overnight rate unchanged at 5%, although other events overtook the news on it: Via, RBC, their ‘Bottom Line” response, in brief: CPI readings still running well above the 2% target, the BoC is firmly focused on getting inflation under control. Slower than expected progress is a concern. But




