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BoJ to wait until end of October - RBS

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 7, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Guatemala) - Brian Daingerfield, FX Trading Strategist at RBS explained and noted that the Bank of Japan holds its early-October monetary policy meeting today, and we expect the BoJ to leave its policy stance unchanged.

    Key Quotes:

    "We expect the BoJ will wait at least until the next update of its semi-annual Outlook Report, which is due alongside its late- October policy decision, before deciding on any additional easing.

    While we see the BoJ as likely to leave its policy stance unchanged at both meetings this month, expectations around a late-October policy change appear to be rising."
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