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.

BoJ Rate Hike in Focus: USD/JPY, GBP/JPY Technical Analysis

Markets are pricing in a less than 20% chance of a BoJ rate hike this Thursday, despite earlier expectations of a 70% probability. JPY weakness has resumed as rate hike expectations have fallen, potentially pushing the BoJ to act. USD/JPY shows strong bullish momentum, but a BoJ hike could lead to a significant decline. A surprise rate hike by the BoJ could strengthen the JPY significantly, with more room for gains against the GBP than the USD.

16-12-2024 09:29 GMT by Zain Vawda

Markets Weekly Outlook - Will Fed Rate Cut and BoJ Decision Spur Volatility?

Markets had a volatile week, with US 100 (Nasdaq 100) reaching new highs and a strong likelihood of a Fed rate cut next week. Major central bank meetings dominate the week ahead. The BoJ faces a tough decision on whether to raise interest rates, with recent data supporting a hike. The US Dollar Index (DXY) is at a crucial resistance level, and its performance may be influenced by the Fed's interest rate decision and outlook.

13-12-2024 11:42 GMT by Zain Vawda