Analysts at Nomura suggest that the next BOJ meeting on 30-31 July represents interesting event risk for Japan trading and fundamentally, they believe the meeting will be negative for JPY in the medium term. Key Quotes “Likely significant lowering of inflation forecasts suggests the window for BOJ policy normalization is now closing. However, the meeting is an opportunity for the BOJ to consider feasible measures to alleviate negative side effects, as it likely admits the economy needs a more prolonged period of monetary easing.” “Although very unlikely, in our view, the Bank could consider changing its 10yr yield target as necessary to ease side effects. Other policy measures outside the monetary policy toolkit to boost JGB market volatility and trading volumes may also be considered.” 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 Canada: Focus on retail sales and CPI data – TDS FX Street 5 years Analysts at Nomura suggest that the next BOJ meeting on 30-31 July represents interesting event risk for Japan trading and fundamentally, they believe the meeting will be negative for JPY in the medium term. Key Quotes "Likely significant lowering of inflation forecasts suggests the window for BOJ policy normalization is now closing. However, the meeting is an opportunity for the BOJ to consider feasible measures to alleviate negative side effects, as it likely admits the economy needs a more prolonged period of monetary easing." "Although very unlikely, in our view, the Bank could consider changing its 10yr yield target as… 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.
