The critical Bank of Japan policy decision due on Wednesday could lift the Yen as much as 5%, economists at Barclays report.meeting poses further upside risks to the JPY. If the BoJ decides on further YCC adjustment, we estimate that the Yen could appreciate by as much as 5%.”
“Even if inaction leads to a knee-jerk USD/JPY rally, expectations for revision will likely remain intact andBoJ Preview: Forecasts from eight major banks, no rush to normalize monetary policyInformation on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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