BoJ to wait until end of October – RBS

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.”

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.

(Market News Provided by FXstreet)