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No Change to Monetary Policy for the BOJ

As expected the BOJ hasn’t made any changes to their current monetary policy.

The main takeaway that I noticed was the fact that they continue to revise their CPI target lower, which isn’t a sign of strength.

The USD/JPY is pushing higher, currently up 0.33%.

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Rowan Crosby
Asia-Pacific Analyst
Rowan Crosby is a professional futures trader from Sydney, Australia. Rowan has extensive experience trading commodities, bonds and equity futures in the Asian, European and US markets. Rowan holds a Bachelor of Finance and Economics degree and is focused heavily on Investment Finance and Quantitative Analysis.
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