Reuters has reported that the Bank of Japan can heighten transparency and stabilise markets by clarifying the band at which it allows long-term interest rates to move around its 0% target, several views voiced by the board members at its March meeting showed. “The BOJ must respond rigidly to protect the upper limit of the range” with its newly introduced market operation, one of the nine board members said, according to the summary of opinions released on Monday.” More notes Cabinet office rep said hopes BoJ continues to work closely with govt, guide monetary policy appropriately. Japan’s economy may be experiencing shift in downtrend as exports, output remain firm. Must be vigilant to risk weakness in japan prices may be prolonged. Must scrutinise both upside, downside risks to japan prices. In Japan, deflation risk is still higher than that of unwelcome inflation. There has been no reaction to this, although from a technical standpoint, the dollar is consolidating which leaves USD/JPY exposed to a downside correction to the prior resistance and a 38.2% Fibonacci retracement of 109.30. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold Price Analysis: XAU/USD tracks S&P 500 Futures to print mild losses below $1,750 FX Street 8 months Reuters has reported that the Bank of Japan can heighten transparency and stabilise markets by clarifying the band at which it allows long-term interest rates to move around its 0% target, several views voiced by the board members at its March meeting showed. "The BOJ must respond rigidly to protect the upper limit of the range" with its newly introduced market operation, one of the nine board members said, according to the summary of opinions released on Monday.'' More notes Cabinet office rep said hopes BoJ continues to work closely with govt, guide monetary policy appropriately. Japan's economy may be… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
