The statement by the Japanese Central Bank was received as a sign of improving given its prior comments about a worsening economic outlook. What seems to be a trend by Central Banks, the BoJ has stressed how the Japanese economy has begun to stop its deterioration.
The unanswered question on the table is their plans for the corporate bond purchase program that expires this September.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.