BNP Paribas Predicts Financial institution of Japan Charge Hike in December Amid US Uncertainty

BNP Paribas are forecasting the Financial institution of Japan will hike charges at their December assembly (18 and 19).

• says the BoJ will think about uncertaintes surrounding the brand new administration within the US (Trump will take workplace in January).
• says a weaker yen might set off a hike from the BoJ
• the analysts count on the yen to weaken additional if the Financial institution of Japan holds off on a hike

USD/JPY replace, a little bit of a reprieve for JPY:

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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