Yen trades at the lowest level against the Dollar since last November. Economists at Commerzbank analyze USD/JPY outlook. What does the BoJ want? It s
Yen trades at the lowest level against the Dollar since last November. Economists at Commerzbank analyze USD/JPY outlook.It seems that the Japanese central bankers want a stronger Yen, but without this being based on the expectation of a less expansionary monetary policy.
Excuse me? Now, not only me, but a number of confused market participants are probably hoping for a clearer signal from the BoJ meeting on Friday as to where the BoJ actually stands now. This puts more focus on the BoJ decision. To be honest I hold out little hope though that I will be any wiser on Friday.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
USD/JPY consolidates in a narrow range above 147.50, investors await BoJ, Fed rate decisionThe USD/JPY pair consolidates in a narrow range after retracing from the 147.95 area during the early European session on Monday. Markets turn cautiou
Read more »
Japan's yen in spotlight ahead of 'live' BOJ meetingThe BOJ's policy meeting on Friday is the highlight of the week in Asia, after Governor Ueda stoked speculation of a move away from ultra-loose policy.
Read more »
USD/JPY moves lower around 147.70 to snap the winning streak, central banks decisions eyedUSD/JPY kicks off the week with an attempt to halt the winning streak, trading lower around 147.70 during the early trading hours of the Asian session
Read more »
USD/JPY: A sustained move above 148.40 seems not favouredIn the view of Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group, extra gains beyond 148.40 still appear unlikely for USD/JPY.
Read more »
What is keeping USD/JPY bid?Economists at ING analyze USD/JPY outlook ahead of Bank of Japan’s meeting this Friday. Few expect any substantial move in BoJ policy The prospect of
Read more »
Commodities Week Ahead: Oil Clings to $90 Ahead of Fed, BoE, BoJ, PBoC DecisionsCommodities Analysis by Investing.com (Barani Krishnan) covering: USD/CNY, Brent Oil Futures, Crude Oil WTI Futures, US Dollar Index. Read Investing.com (Barani Krishnan)'s latest article on Investing.com
Read more »