BOJ Statement on Monetary Policy | Forex Factory

  • BOJ Statement on Monetary Policy

    From or.jp Story is in PDF Format

    At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan decided, by a unanimous vote, to set the following guideline for money market operations for the intermeeting period: The Bank of Japan will conduct money market operations so that the monetary base will increase at an annual pace of about 60-70 trillion yen. 2. With regard to the asset purchases, the Bank will continue with the following guidelines: a) The Bank will purchase Japanese government bonds (JGBs) so that their amount outstanding will increase at an annual pace of about 50 trillion yen, and the average remaining maturity of ... (full story)

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NuNix
Sep 4, 2013 9:47pm
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Nothing change, keep buying x/yen.
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jegas
Sep 4, 2013 9:46pm
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Any have news impact will React @ BOJ Press confrence ,so that only Yen Direction Desired ?
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k3nshinz3139
Sep 4, 2013 9:48pm
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No change.. Should retrace..
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jhaye
Sep 4, 2013 11:39pm
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Quoting ibram.forex
In which direction!
Down .. Probably to the 89-90 - 90.50 lvls . holding positions 1-4 days Ending on the Sunday which is when the Next AUD & Jpy news to be released this sunday coming .Aud give some Negative news for is Trade Balance while the Yen give good news(This news of Holding/Maintaining JGB pace) So if im correct fundamentally the AUD got a bit weak for now while the Yen strengthen for now.... Also Technically Wise the price is having trouble passing the Resistance area on the H4 all the way down to the 5mins. All the more reason to sell the Aud/Jpy right about now... BTW i can be totally wrong . Because I am still learning , but If im correct i hope you do learn the reasons why i made the trade. Hopefully it would help you to be a better trader

BTW Aud/Jpy & the Usd/Jpy are positively Correlated! so in a sense it may give a hit on the News for Usd that is to be released this Thursday & Friday
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ibram.forex
Sep 4, 2013 10:39pm
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Quoting jhaye
gud trend to trade now is probably the AJ but shhh dont telll nobody
In which direction!
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ayodhya
Sep 4, 2013 10:57pm
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Quoting ibram.forex
In which direction!

Ha Ha !!!
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mysystem
Sep 5, 2013 1:04am
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The trend is still the same. ^^^
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narasimhan
Sep 4, 2013 10:44pm
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waiting for cash rate...That will determine the direction if intrest rate is reduced jpy will be pushed further down
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duck.forex
Sep 4, 2013 9:55pm
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still buy xxx/jpy
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skidrow
Sep 4, 2013 9:57pm
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Wait for the cash rate
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Revalif
Sep 4, 2013 9:45pm
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good for YEN
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jhaye
Sep 4, 2013 10:21pm
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gud trend to trade now is probably the AJ but shhh dont telll nobody
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nilsawdagar
Sep 5, 2013 12:25am
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JPY Down...............
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Juppa287
Sep 5, 2013 2:50am
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Stay away from the Yen in my opinion!
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donaldkeram
Sep 4, 2013 9:47pm
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i think BOJ still want to keep dollar and weakening yen
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ndayakz
Sep 4, 2013 11:02pm
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I think the BOJ will keep the price at around 100
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kucung
Sep 4, 2013 11:14pm
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trade on your technical graph...not only news...
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shahid079
Sep 4, 2013 11:31pm
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this time prediction will not perfect just consider your technical charts and trade...........good luck
Reply
Trader#7B7D
Sep 5, 2013 3:56am
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Quoting Guest
What is going on anyone can explain this?
15 minutes after the confrence pers xxxJPY down about 30-40 pips, and the next 30 minutes, all of those bull more than 50 pips on 30 minutes.
Reply
Trader#5968
Sep 5, 2013 2:58am
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trade the news only!!!!!!!!!!
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Trader#9C74
Sep 5, 2013 3:04am
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Quoting kucung
trade on your technical graph...not only news...
words of wisdom. dont gamble to get rich, focus and work slowly but steadily. soon enough you will be snowballing
Reply
Trader#C0FB
Sep 5, 2013 3:35am
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What is going on anyone can explain this?
Reply
Trader#C0FB
Sep 5, 2013 4:35am
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Quoting Guest
15 minutes after the confrence pers xxxJPY down about 30-40 pips, and the next 30 minutes, all of those bull more than 50 pips on 30 minutes.
And the reason?
Reply

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