The minutes from Tuesday’s BoJ meeting confirmed that the inflation target has not been achieved and that hikes will be measured. FX official unimpressed by volatile yen
The minutes from the Bank of Japan’s historic meeting where officials voted to end negative interest rates served up no new information. In fairness, this has been due to the open and transparent communication from the Bank in the lead up to and after the March meeting.target has not yet been met and that the pace of rate hikes will not mirror that seen in Western nations.
The number of traders net-long is 12.74% higher than yesterday and 27.58% lower from last week, while the number of traders net-short is 4.19% higher than yesterday and 34.04% higher from last week.
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