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SocGen foresees potential tweaks in Japan's yield curve control policy in the near future

Societe Generale (SocGen) recently highlighted Japan's extraordinary nominal GDP growth in Q1, which stood at an annualized rate of 8.3%, in stark contrast to the average annualized growth of 0.3% over the last 25 years. The bank suggests that, given this context and the yen's current position, the Bank of Japan (BoJ) might consider adjusting its yield curve control policy in the near future. SocGen also pointed out that there's more room for USD/JPY to fall than to rise.Moreover, the major stor... Read More

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Content Topics

Socgen

Foresees

Potential

Tweaks

Japan

Yield

Curve

Control

Japan s

Policy

Future

Forex

Posted: Jun 9 2023, 15:16

Author Name: forexlive

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