JPY Forecast Q2 2022: Will Inflation Surpass the Bank of Japan’s Target?
The anti-risk Japanese Yen put in a dismal performance during the first quarter of 2022, particularly as March wrapped up. A majors-based Japanese Yen Index that averages JPY against USD,…
Read More »BOJ says its buying more JGBs because upward pressure on yields threatened the upper limit
The Bank of Japan says it announced steps to increase its bond-buying, saying the yield curve was under strong upward pressure, which could push the 10-yr JGB yield above the upper…
Read More »BOJ Gov Kuroda: Global commodity prices more than weak yen pushing up Japan consumer CPI
more to come Bank of Japan Governor Kuroda: @page { size: 21cm 29.7cm; margin: 2cm } p { margin-bottom: 0.25cm; line-height: 115%; background: transparent } global commodity price rise is…
Read More »Preview of the BOJ monetary policy meeting – likely to be a non-event for the yen
As always, there is no set scheduled time for the BOJ release. Expect it somewhere in the 0230 to 0330 GMT time window. Earlier previews are here: The BOJ is…
Read More »The Bank of Japan is (Omicron) wary over the results of its Tankan
The link to the main points from the survey result is here: BOJ Tankan report for Q4: Large manufacturing index +18 (expected 19, prior 18) An official from the Bank of…
Read More »BpJ Minutes showed members said pent-up demand has yet to materialise in Japan
The Bank of Japan Minutes came out in recent trade and they showed that a few members said chip shortage, supply chain disruptions are weighing on glo
Read More »CADJPY – Central Bank meetings still can’t set a new direction
CADJPY, H4 This is another pair that enters the base adjustment mode before entering the new month. After moving up continuously since late September the Canadian Dollar was driven by…
Read More »Events to Look Out for Next Week
The FOMC, BoE and RBA policy meetings and press conferences are the central bank highlights this week in the wake of rising inflation and concerns over supply chain disruptions and slowing…
Read More »Markets drift ahead of US data and the ECB meeting
Overnight Headlines *US stocks sold off late on, backing away from record highs *USD slid modestly lower closing below 94 *The BoJ left policies unchanged, cutting growth and inflation forecasts…
Read More »Events to Look Out for Next Week
The BoC, BoJ and ECB policy meetings and press conferences are the central bank highlights this week even though they are unlikely to offer up any changes of their policies,…
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