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
The prospect of a prolonged period of unchanged rates is depressing US interest rates and cross-market volatility and leaving carry trade strategies very much en vogue. This – plus Brent trading close to $95/bbl – is keeping the likes of USD/JPY bid and few expect any substantial move in Bank of Japan policy this Friday.
If there is to be a further move from Japan – it will likely come in late October when new economic forecasts are released.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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 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 »
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 »
4 Key Macro Charts to Understand the Global Economy Right NowMarket Overview Analysis by Alfonso Peccatiello covering: EUR/USD, USD/JPY, US Dollar Index Futures, United States 10-Year. Read Alfonso Peccatiello's latest article on Investing.com
Read more »
'I f----ing like humanity, dude': Elon Musk's friendship with then-Google CEO ended over AI: bookThe friendship between Elon Musk and Larry Page collapsed amid disagreements over the use of artificial intelligence, according to a new book on Musk.
Read more »
Snoop Dogg reveals he's terrified of horsesSnoop Dogg reveals he's actually terrified of horses. 'I'm just f---ing scared of them,' he says.
Read more »