BOJ reportedly considers skipping price hike at subsequent week's coverage assembly
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After the quite a few “leaks” from earlier within the week, this gorgeous a lot seals the deal. The Japanese yen had already been softening up to now few days and this additional vindicates that. USD/JPY is on the highs for the day, up zero.6% to 153.63 presently. From earlier this week:
- BOJ reportedly sees little value to ready for subsequent price hike
- BOJ reportedly erring in direction of maintaining rates of interest unchanged subsequent week
This text was written by Justin Low at www.ubaidahsan.com.
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