BOJ Statement on Monetary Policy

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yen will strong after the news ,so start ?

Good Thoughts After Long Time :-)

no news rate

Not changes compared with the previous Meeting ?? So then YEN will strong a bit

up? why up?

It is normally 6.00 to 7.00 gmt

The BOJ will issue a twice-yearly outlook report with revised long-term economic and price forecasts at 3 p.m. (0600 GMT). Governor Haruhiko Kuroda will hold a news conference with his embargoed comments to come out any time after 4:15 p.m. (0715 GMT).

I think conduct money market will decreasing YEN value.
It look like same the previous meeting.

jpy depr and usd up. buy it.

Any idea when the conference will be? IMO too difficult/risky to hold onto JPY crosses before this conference actually happens. Why won't they tell us when? Why oh why

what was the previous decsion ? they made changes ?

nope, they decided to keep policy unchanged. That caused -30 pips in USDJPY.

so the usd/jpy are to go up .

waiting for more input coming from BOJ press conference scheduled later today. Nothing new at the moment.

am shorting the eurjpy for 50 pips with backup orders

if you live central standard time zone- CST, what time would the announcement start

yahoooo, just got 50 pips

UJ trade in ranging market 98.00 -99.00. stay away

Hey Montasar, what are backup orders?

hey there, backup orders are a series of small UL of sell or buy lots thrown in opposite direction.

BOJ press conference has started...

"First, assuming that global financial markets remain generally stable, the growth rates of
overseas economies, including the United States and China, are expected to gradually pick
up, albeit moderately. Such developments overseas, as well as the yen's depreciation in the
foreign exchange market, are likely to support an increase in Japan's exports."

It seems that the BoJ does not like speculators

scheduled for 6 PM Japan local time

maybe useful for time zones

http://www.timeanddate.com/worldclock/

nope..sell it