FXStreet (Mumbai) – The Japanese PM advisor Honda said that there is no need for additional easing by the Bank of Japan (BOJ) at this stage.

Speculations have been on the rise that the BOJ would deliver another bazooka at its October meeting. Moreover, the expectations strengthened further after the ECB president Draghi talked about the possibility of a more easing and/or a deposit rate cut in December.

The Japanese PM advisor Honda said that there is no need for additional easing by the Bank of Japan at this stage.

(Market News Provided by FXstreet)

By FXOpen