The BoJ is now expected to refrain from cutting rates further into the negative territory and is seen increasing its bond purchasing programme insteas at the next meeting (Thursday), in opinion of Economist at UOB Group Lee Sue Ann. Key Quotes “We still expect the BoJ to do more and enhance its monetary easing stance further in 2H20. However, our long-held view that it will ease via deepening further its negative policy rate is now an increasingly remote possibility.” “Instead, we think the BoJ will ease via increasing its JGB purchases. It may also expand its lending facilities to Japanese corporates and SMEs while the ETF and corporate bond buying program may be enhanced.” 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 path of least resistance is down ahead of the Fed – Confluence Detector FX Street 1 year The BoJ is now expected to refrain from cutting rates further into the negative territory and is seen increasing its bond purchasing programme insteas at the next meeting (Thursday), in opinion of Economist at UOB Group Lee Sue Ann. Key Quotes “We still expect the BoJ to do more and enhance its monetary easing stance further in 2H20. However, our long-held view that it will ease via deepening further its negative policy rate is now an increasingly remote possibility.” “Instead, we think the BoJ will ease via increasing its JGB purchases. It may also expand its lending facilities to Japanese… 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.
