Analysts at Scotiabank noted that JPY was a mid-performer among the G10 in an environment of broad-based USD weakness. Key Quotes: “The outlook for relative central bank policy appears to be dominating as market participants consider potential adjustments to the BoJ’s yield curve control policy and specifically the 0% target for Japan’s 10Y yield.” “Risk reversals have adjusted accordingly and are now pricing an even greater premium for protection against JPY strength vs. both the USD and EUR. No policy changes are expected at next week’s BoJ meeting.” 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 EOS Technical Analysis: EOS/USD rockets up 12%, with bulls really returning to the market FX Street 5 years Analysts at Scotiabank noted that JPY was a mid-performer among the G10 in an environment of broad-based USD weakness. Key Quotes: "The outlook for relative central bank policy appears to be dominating as market participants consider potential adjustments to the BoJ's yield curve control policy and specifically the 0% target for Japan's 10Y yield." "Risk reversals have adjusted accordingly and are now pricing an even greater premium for protection against JPY strength vs. both the USD and EUR. No policy changes are expected at next week's BoJ meeting." 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.
