- Analytics
- News and Tools
- Market News
- USD/JPY: Yen will likely soften on a dovish BoJ policy outcome – Rabobank
USD/JPY: Yen will likely soften on a dovish BoJ policy outcome – Rabobank
Economists at Rabobank discuss the possibility of a tweak in the BoJ’s ultra-easy monetary policy and its implications for the Japanese Yen (JPY).
Signs of sustained wage inflation would be the green light for a policy adjustment
While the JPY would likely soften on a dovish policy outcome on July 28, it is very possible that speculation of a move in September could build quite rapidly. This would limit selling pressure on the JPY.
Signs of sustained wage inflation would be the green light for a policy adjustment by the BoJ while smaller wage rises into next year would likely signal the opposite.
Our forecast of USD/JPY 138 on a three-month view assumes that speculation of a BoJ policy change is maintained into the autumn.
© 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
