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BOJ meet this week. MUFG still expect YCC tweak but their confidence ebbing. Yen scenario.

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... Read More
Posted: Jul 24 2023, 20:49
Author Name: forexlive
Views: 080998

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