Wednesday, October 7, 2015

BoJ to wait until end of October - RBS

FXStreet (Guatemala) - Brian Daingerfield, FX Trading Strategist at RBS explained and noted that the Bank of Japan holds its early-October monetary policy meeting today, and we expect the BoJ to leave its policy stance unchanged.

Key Quotes:

"We expect the BoJ will wait at least until the next update of its semi-annual Outlook Report, which is due alongside its late- October policy decision, before deciding on any additional easing.

While we see the BoJ as likely to leave its policy stance unchanged at both meetings this month, expectations around a late-October policy change appear to be rising."
For more information, read our latest forex news.

No comments:

Post a Comment