The USD/JPY price pulled back as investors patiently waited for the final Bank of Japan (BoJ) decision by Haruhiko Kuroda. It also retreated ahead as Kazuo Ueda prepares to become the next BoJ governo...
Tag: BOJ
Nikkei 225 index recoils after new BoJ pick, Japan GDP miss
The Nikkei 225 (NI225) index moved sideways on Tuesday after the Japanese government confirmed the next Bank of Japan (BoJ) chair. It consolidated at ¥27,575 as investors assessed the new policy shift...
Global Bond Bulls’ Biggest BOJ Fear Already Well Under Way
(Bloomberg) — Regardless of whoever sits in the Bank of Japan hot seat, the biggest worry of global bond investors — a wave of Japanese cash heading home — has already begun in earnest and looks...
Ripe for bearish breakout amid BoJ rumours
The USD/JPY exchange rate drifted lower on Friday amid high speculation about the next Bank of Japan (BoJ) governor. It dropped to a low of 129.92, which was much lower than this week’s high of 132.91...
Should you buy or sell JPY pairs ahead of the BOJ policy decision?
One of the main events of this trading week is the Bank of Japan’s (BOJ) ‘s monetary policy decision expected in the next Asian session. The Japanese yen’s weakness was the main theme in 2022, but sin...
Asian Stocks, Yen Retreat Ahead of BOJ Meeting: Markets Wrap
(Bloomberg) — Asian stocks and US equity futures slid as traders digested data that showed China’s economy growing at the second slowest pace since the 1970s. Most Read from Bloomberg An Asian e...
Yen Option Cost Jumps to Three-Year High on BOJ Surprise Concern
(Bloomberg) — The cost to hedge against volatility in dollar-yen over the coming week has risen to the highest level in almost three years as traders brace for any more Bank of Japan surprises o...
BOJ Shocks; US Inflation Cools
(Bloomberg) — Bank of Japan Governor Haruhiko Kuroda shocked markets earlier this week by doubling a cap on 10-year yields, in a move that helps pave the way for possible monetary policy normali...
Speculators Slash Bets Against the Yen as BOJ Leaves Carry Traders Gasping
(Bloomberg) — The yen looks to be losing its appeal as the currency of choice to fund so-called carry trades, with speculators cutting bearish bets on it to the lowest level in nearly four month...
EUR/JPY price forecast after a hawkish BOJ decision
Financial markets have entered a period of low liquidity, characteristic for this period of the year. As Christmas nears, investors and speculators focus on the holidays rather than what happens in th...
JPY surges as BOJ adjusts the yield curve control policy
Japanese yen (JPY) traders had a busy day as the Bank of Japan (BOJ) decided to tweak its monetary policy before Christmas. In a stunning maneuver, the central bank announced today that it would allow...
Global Markets Jolted as BOJ Surprises With Yield Policy Change
(Bloomberg) — The Bank of Japan sent shock waves through markets after it unexpectedly revised its yield-curve-control policy, signaling that the developed world’s last holdout to rock-bottom in...
BOJ Blindsides Traders to Echo Christmas Day Shock of 1989
(Bloomberg) — The Bank of Japan’s latest policy shock is cementing the central bank’s reputation for using the element of surprise to achieve its strategic goals. Most Read from Bloomberg BOJ Go...
Yen Surges on BOJ Shift; S&P 500 Futures Drop: Markets Wrap
(Bloomberg) — The yen strengthened as the Bank of Japan said it would let benchmark bond yields rise further. The unexpected decision sent Japanese stocks and US and European equity futures lowe...
BOJ intervenes in the FX market again to support the yen – will it succeed?
The FX market‘s volatility has reached extreme levels in the last couple of trading days. On Friday, just a few hours before the market closed for the weekend, the Bank of Japan (BOJ) intervened again...
Yen Hits 150 On The Way To Economic Infamy
Haruhiko Kuroda is grappling with a yen in virtual free-fall AP Photo/Pat Roque The biggest monetary policy experiment in modern history is clearly not going well as the Japanese yen plunges to 32-yea...
Break and retest forms ahead of BoJ decision
The Japanese yen has bounced back cautiously as investors wait for the upcoming interest rate decision by the Bank of Japan (BoJ). The USD/JPY is trading at 137.76, which is a few points below the yea...
USD/JPY price forecast ahead of the July BOJ meeting
For financial market participants, the week ahead is a special one. The European Central Bank (ECB) meeting is due on Thursday, and it may be the highlight of the trading week, but one should not disc...
The Lords of Money Pose Massive Threats to Markets
Think the Fed’s job is hard? At least the U.S. Federal Reserve can concentrate on fighting inflation. In Japan and Europe, the central banks are battling the markets, not merely price rises. That’s le...
Bank of Japan announcement: BoJ maintains negative short-term rates
The Bank of Japan in its two-day meeting on the 16th and 17th of June, elected to keep policy rates unchanged. Short-term interest rates would stay negative at -0.1%, while long-term rates would be he...
Extremely overbought after the dovish BOJ
The USD/JPY pair jumped to the highest level in over 20 years as the divergence between the Federal Reserve and the Bank of Japan. It is trading at 130.41, which is about 27% above the lowest level in...
Japan’s Central Bank (BOJ) is cautious about Digital Yen
The Bank of Japan will proceed with caution when it comes to the digital yen, preferring Sweden’s approach to China’s rapid development of experimentation. Central bank digital money has c...
BoJ official says digital yen won’t be used to achieve negative interest rate
The Bank of Japan (BoJ) has said that its central bank digital currency (CBDC), the digital yen, will not be used to help attain negative interest rates. The BoJ’s executive director, Shinichi Uchida...
G7 Should Stop Russia From Evading Sanctions Using Crypto, BOJ Says – crypto.news
A Reuters report has stated that the Bank of Japan asked G7 nations to find common ways to regulate the crypto space amid the war. This call was triggered by the idea that Russians could be using cryp...
Gold price forecast as BOJ bond purchases strengthens US dollar
Gold price has begun the new week in the red amid a strengthening US dollar. The BOJ’s second offer to purchase unlimited bonds has boosted the greenback. Strong US dollar As is the case with other ...
CBDCs have adverse consequences for the financial system: Former BOJ Official
Hiromi Yamaoka, an ex-official from the Bank of Japan, urges the institution to not go with the idea of Digital Yen. Japanese Households might spend more if the Digital Yen becomes a mode of set...
USD/JPY prediction as Fed and BOJ divergence continues
The USD/JPY price tilted upwards on Friday morning after the latest interest rate decision by the Bank of Japan (BOJ). The pair rose to a high of 118.75, which is close to its highest level since Febr...
The Russia-Ukraine War Might Accelerate CBDC Issuance, Former BOJ Official Says
The sanctions slapped on Russia based on its invasion of Ukraine might prompt more nations to adopt central bank digital currencies (CBDCs) as a shield against the U.S. dollar’s supremacy in the globa...
Digital Yen Will Not Benefit Japan’s Financial Network, Former BOJ Official Claims
Hiromi Yamaoka – the former leader of the Bank of Japan’s financial settlement department – urged the institution to avoid using the digital yen as a part of the country’s monetary policy. He believes...
Former BOJ official warns against use of digital yen in the financial sector
A former Bank of Japan (BOJ) official who reportedly headed the digital currency research is now advising against its use. According to a report published in the Japan Times, Hiromi Yamaoka, the forme...