© Reuters. FILE PHOTO-A Japan Yen note is seen in this illustration photo taken June 1, 2017. REUTERS/Thomas White/Illustration/File Photo By Ankur Banerjee SINGAPORE (Reuters) – The rallied hard in volatile trading on Friday after the Bank of Japan announced it will make its yield curve control policy more flexible, while the dollar held steady
Share: The Bank of Japan (BoJ) pledged flexibility to YCC stance. Economists at TD Securities analyze JPY outlook. The BoJ opted for a YCC tweak The BoJ opted for a YCC tweak with hawkish undertones in the statement as the Bank now highlights upward movements in medium to long-term inflation expectations and greater
US Dollar, USD/JPY, Japanese Yen, BoJ, Fed ECB, AUD/USD, RBA – Talking Points The US Dollar resumed strengthening today with volatility ticking higher The Bank of Japan let the word out early of an adjustment, then delivered Markets are now reassessing the path of global central bank tightening Recommended by Daniel McCarthy Get Your Free
US Dollar, Japanese Yen, USD/JPY, Bank of Japan – Talking Points: BOJ kept ultra-loose policy settings unchanged. JGB 10-year yield target and band maintained. What is the outlook for USD/JPY and what are the signposts to watch? Recommended by Manish Jaradi Get Your Free Top Trading Opportunities Forecast The Japanese yen dropped against the US
Share: At the highly-anticipated July policy review meeting, the Bank of Japan (BoJ) board members decided to leave their current monetary policy settings unchanged, maintaining rates and 10yr JGB yield target at -10bps and 0.00% respectively. Summary of the statement BoJ maintains band around 10-year JGB yield target at up and down 0.5% each. BoJ makes decision on
Market Recap Recommended by Jun Rong Yeap Get Your Free Equities Forecast Initial gains in Wall Street took a turn overnight, as a jump in Treasury yields kept the pressure on risk sentiments. Particularly, the 10-year Treasury yields saw a jump of 13 basis-point (bp) to reclaim its key 4% level, while the US two-year
USD/JPY FORECAST: USD/JPY slumps in late trading, erasing early session gains despite soaring U.S. Treasury yields Media reports that the Bank of Japan could tweak its yield curve control program boosts the yen across the board BoJ will announce its monetary policy decision for its July meeting on Friday (Japan time) Recommended by Diego Colman
Share: GBP/JPY sells-off on BoJ sentiment ahead of Friday’s meeting. GBP/JPY drops into a potentially strong area of support in the 177.70/90s as per the hourly structure. Bears also eye the Point of Control near 177.00 and then a swing support area at 176.50. GBP/JPY collapses on a strong hint from Nikkei news