Bank of Japan (BoJ) news

The Bank of Japan (BoJ) is the central bank of Japan. It conducts monetary policy to achieve price stability and financial system stability. The BoJ employs various tools, including quantitative easing and yield curve control, to influence economic activity and promote sustainable growth in Japan.

USD/JPY Technical: JPY strength remains intact ahead of BoJ

Consensus is expecting no change to BoJ’s monetary policy, but its policy statement and Governor Ueda’s press conference may signal an imminent shift away from short-term negative interest rates. Mounting pressures from public and private sectors with Economy Minister Shindo attending today’s monetary policy decision meeting as a representative from the Cabinet Office. Technical analysis suggests further potential weakness in the USD/JPY. This is a follow-up analysis of our prior report, “

18-12-2023 21:33 GMT by Kelvin Wong

EUR/JPY - Central banks look to spoil the party, BoJ eyed tonight

Policymakers determined to push back against market interest rate expectations Any surprises to come from the BoJ? EURJPY steadies around notable support zone Not the most thrilling start to the week but that's to be expected given the number of major events over the last few sessions and the absence of anything significant today. The second half of last week was quite the ride, with the Fed going further than many expected on rate cuts for next year, the ECB then pushing back stronger tha

18-12-2023 12:02 GMT by Craig Erlam