Interest has crept back into the market following media reports of growing angst over BoJ policy, notes the research team at TD Securities. Key Quotes “A change in stance is unlikely at next week’s decision however, and we would rather view “sources” stories as part of an ongoing BoJ communication strategy to eventually warm markets up to a tweak that is still quite a ways off. The recent fixed rate operation is a shot across the market’s bow that the recent rise in JGB yields is unwelcome and still premature.” “This means that in the absence of a BoJ announcement next week, USDJPY’s collapse should find support. Our HFFV estimate indicates that USDJPY has some room to correct, though supports near 110.20/50 will be formidable and will present an opportunity to fade as few alternatives exist to check on USD firmness.” 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 DXY Technical Analysis: the greenback appears so far supported by the 55-day SMA near 94.20. Short-term support line underpins. FX Street 5 years Interest has crept back into the market following media reports of growing angst over BoJ policy, notes the research team at TD Securities. Key Quotes "A change in stance is unlikely at next week's decision however, and we would rather view "sources" stories as part of an ongoing BoJ communication strategy to eventually warm markets up to a tweak that is still quite a ways off. The recent fixed rate operation is a shot across the market's bow that the recent rise in JGB yields is unwelcome and still premature." "This means that in the absence of a BoJ announcement… 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.
