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Expect further BOJ easing in first half of 2016 – Nikkei Survey

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    According to a recent survey by QUICK, the Nikkei Inc. group company, more than 80% of currency experts expect further monetary easing by the Bank of Japan (BOJ) this year.

    The financial information service provider, QUICK, surveyed 208 currency experts working at banks, brokerages and other financial institutions as well as nonfinancial companies earlier this month.

    The poll results showed, 83% of the respondents said they expect additional easing, while 13% said there would be no further moves. Among those who expect additional easing, 30% predicted the central bank would move in April. June was the next most frequent response, at 24%, followed by March, at 21%.

    To conclude, more than 70% of those who expect further easing think the BOJ will act in the first half of 2016.

    The next BOJ meeting takes place on March 14-15.
    For more information, read our latest forex news.

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