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BOJ meet this week. MUFG still expect YCC tweak but their confidence ebbing. Yen scenario.
The Bank of Japan meet on the 27th and 28th.Goldman Sachs expect a tweak:Goldman Sachs are still expecting thee Bank of Japan will tweak YCC policy this weekAs do MUFG:MUFG are expecting a Bank of Japan Yield Curve Control tweak at this week's policy meetingHowever, MUFG do say now that their conviction on this is diminishing:Key Points 1. YCC Change Conviction: MUFG has reduced certainty about an alteration in YCC settings in the imminent announcement, but the element of surprise inherent to Y...
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Posted: Jul 24 2023, 20:49
Author Name: forexlive
Views: 080998