BOJ to keep all YCC settings unchanged – BofA

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BOJ to keep all YCC settings unchanged – BofA
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BOJ to keep all YCC settings unchanged – BofA BOJ CentralBanks USDJPY Banks

Key quotes

"That said, we think it will take some time before pressure over the yen dissipates. Japan's trade deficit has expanded and remains wide. Japanese companies have accelerated outward M&A activity since March. The new university fund is likely to invest into foreign assets. A dip in USD/JPY is likely to be bought from Japanese companies and investors.”

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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