Tag Archives: BoJ

Gold is trading at $ 1818.31 per ounce at the time of writing versus the previous closing price at only $1787.30 on Monday. Gold price is making tracks to the upside despite the Bank of Japan’s surprise relaxation on the yield of its 10-year bonds (JGBs).US Dollar is sinking while …

The GBP/USD is approaching a quarterly peak as market emphasis is currently on a test of 1.2080 for the coming sessions.If the bears fail to break this level of support, then a meaningful correction to the upside will be on the cards. The GBP/USD pair is still on the backside …

The Japanese Yen is soaring across the board after the Bank of Japan’s rate decision. The GBP/JPY pair cross is losing more than 700 pips on Tuesday amid rallying yen following the BoJ’s monetary policy announcement. BoJ’s rate decision also raised the upper range of its yield curve control of …

The yen fell on Friday as the Bank of Japan stuck to its accommodative policy. At the same time, the dollar attempted to recover from losses at the weekend on expectations that the Federal Reserve would signal a slowdown in interest rate hikes. The dollar was last up 0.8 percent …

The Bank of Japan will announce its monetary policy decision on Friday, October 28 at 03:00 GMT and as we get closer to the release time, nine major banks have released their expactations on the looming decisionJapanese main interest rate will likely be left at -0.1%, despite inflation standing at …

Japan’s government and central bank intervened in the currency market early Saturday to support the retreating yen, triggering a dramatic rebound against the dollar after the Japanese currency had reached a fresh 32-year low of nearly 152 against the dollar.Finance Ministry Vice Minister Masato Kanda told reporters he would not …

The Japanese yen has hit a new 32-year low. One major question among investors and traders now is: Will the BoJ intervene again this week?The yen has declined nearly 30% against the dollar this year already as the divergence between the US Federal Reserve’s hawkish stance and the Bank of …

Recession seems inevitable as stubbornly high inflation plus the escalation of the war forced policymakers’ hands. Stocks fell, while US government bond yields soared to fresh multi-year highs.Major central banks announced monetary policy decisions following the US Fed’s meeting for September with the Bank of Japan firstly, on Thursday, deciding …

The dollar solidified its gains after the Fed triggered volatility and sour market sentiment across the board. As anticipated, the US central bank hiked the benchmark rate by 75 bps to 3.25%, while policymakers maintained their determination to bring inflation down to the 2% target. US Treasury yields soared. The …

The Japanese currency has enjoyed a long safe haven and safe investment status in a financial world with plenty of uncurtaining, but as the yen fell to its lowest level against the US dollar in more than two decades this week, analysts have speculated that its safe haven status may …