Friday, 14 June 2024

Bank of Japan (BoJ) Preview: Potential Cut in Bond Buying to Aid Ailing Yen?

by BD Banks

Bank of Japan (BoJ) Preview: Potential Cut in Bond Buying to Aid Ailing Yen?

Hawkish FOMC adds further pressure on the BoJ as USD/JPY advances. Speculation builds that the BoJ will announce a more comprehensive cut to its bond buying programme. Fundamental Overview: FOMC Recap and BoJ Outlook The Japanese continued its slide this morning as USD/JPY edged higher toward the 160.00 psychological level. A brief respite yesterday for […]

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