Free Trial

No reaction in the JPY crosses to the BoJ's.....>

YEN
YEN: No reaction in the JPY crosses to the BoJ's latest MonPol decision, as the
Bank left its settings unchanged. There was a 7-2 vote to leave YCC unchanged as
Harada & Kataoka dissented (expected). The Bank also trimmed its inflation
outlook (expected). The Bank added that it needs to pay close attention to
future developments, as it noted an increase in downside risks, highlighting the
risk of the scheduled sales tax hike, but risks to outlook are not deemed
significant.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.