Analysts at Nomura expect the BOJ to focus any tweaks on its asset purchase operations at the meeting this week (30-31 July). Key Quotes “Although a formal policy change is very unlikely, we now assign a higher likelihood to an announcement/implementation of “operation tweaks” next week, both for JGB and ETF purchase operations.” “A tweak to JGB purchase operations to allow for a wider range of 10yr yields would likely generate short-term volatility of JGBs, which should strengthen JPY.” “Under this scenario, when and where the BOJ conducts the fixed price operation after the meeting will be crucial.” 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 BOJ offers to lend JPY 32.4 billion of government debt, 10Y JGB yield hit 17-month high FX Street 5 years Analysts at Nomura expect the BOJ to focus any tweaks on its asset purchase operations at the meeting this week (30-31 July). Key Quotes "Although a formal policy change is very unlikely, we now assign a higher likelihood to an announcement/implementation of "operation tweaks" next week, both for JGB and ETF purchase operations." "A tweak to JGB purchase operations to allow for a wider range of 10yr yields would likely generate short-term volatility of JGBs, which should strengthen JPY." "Under this scenario, when and where the BOJ conducts the fixed price operation after the meeting will be crucial." Regulated 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.
