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Preview of Bank of Japan (BoJ) Rate Decision: USDJPY in Focus

From investingcube.com

The latest interest rate decision from the Bank of Japan (BoJ) hits the newswires on July 15 at 3 a.m. GMT. The consensus among economists and several bank analysts is that the BoJ will hold rates at -0.1% and will make no policy changes as well. This could very well be the position of the BoJ for some time to come. The BoJ will also release its outlook report. The consensus is for the bank to provide a downgrade to its GDP estimate for the country. This position is also not expected to be a market surprise, given that the bank had downgraded economic projections for all nine regions of the country in a recent ... (full story)

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  • Category: Fundamental Analysis