Analysts at Deutsche Bank note that the BoJ has kept its policy rates unchanged as widely expected by a majority vote of 7-2. Key Quotes “The statement itself has included only very minor tweaks including a vague reference to allowing upward and downward movement in the 10y JGB yield, as well as the introduction of forward guidance.” “As expected inflation forecasts have been cut for FY19 (1.5% from 1.8%) and FY20 (1.6% from 1.8%) while the BoJ has also shifted ETF purchases from tracking the Nikkei to the Topix. A reference to reducing the size of financial institutions’ balances at the BoJ subject to negative rates was also introduced.” 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 India: Strong growth, but leading indicators suggest a slowdown ahead – Nomura FX Street 5 years Analysts at Deutsche Bank note that the BoJ has kept its policy rates unchanged as widely expected by a majority vote of 7-2. Key Quotes "The statement itself has included only very minor tweaks including a vague reference to allowing upward and downward movement in the 10y JGB yield, as well as the introduction of forward guidance." "As expected inflation forecasts have been cut for FY19 (1.5% from 1.8%) and FY20 (1.6% from 1.8%) while the BoJ has also shifted ETF purchases from tracking the Nikkei to the Topix. A reference to reducing the size of financial institutions' balances at… 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.
