- Analytics
- News and Tools
- Market News
- Breaking: BOJ steers policy on a steady course, lifts USD/JPY
Breaking: BOJ steers policy on a steady course, lifts USD/JPY
The Bank of Japan (BOJ) board members decided on Friday to leave their monetary policy settings unadjusted at yet another meeting, holding rates at -10bps while maintaining 10yr JGB yield target at 0.00%.
Summary of the statement
BOJ makes decision on YCC by unanimous vote
BOJ leaves unchanged its forward guidance on interest rates, says expects short- and long-term policy rates to remain at 'present or lower' levels.
BOJ leaves unchanged its guidance on policy bias, says it will take additional easing steps without hesitation as needed with eye on pandemic's impact on economy.
Market reaction
USD/JPY catches a fresh bid on the BOJ’s status-quo, as it jumps to test 147.00 in a knee-jerk reaction. The pair is currently trading at 146.32, giving up all of the post-announcement gains.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
