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BOJ likely to discuss easing at April meeting- Livesquawk

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 5, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    As per livesquawk report, Bank of Japan (BOJ) is likely to discuss more easing at April meeting and policymakers could prefer increase in size of QQE over further interest rate cut.

    Whether to ease or not to ease will be close call, given a surprise move to negative interest rate policy on January 20 turned out to be a failure in a sense that Yen strengthened to Oct 2014 lows against the US dollar.
    For more information, read our latest forex news.

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