BOJ Statement on Monetary Policy | Forex Factory

BOJ Statement on Monetary Policy | Forex Factory

BOJ Statement on Monetary Policy

From or.jp

At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan decided, by an 8-1 majority vote, to set the following guideline for money market operations for the intermeetin period: The Bank of Japan will conduct money market operations so that the monetary base will increase at an annual pace of about 80 trillion yen. With regard to the asset purchases, the Bank decided, by an 8-1 majority vote, to 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 80 trillion yen. b) The Bank ... (full story)

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Nov 18, 2014 10:34pm

Quoting kamarkhi

Disliked

The market is so tricky these days. Yesterday, Japan's GDP came out less than what was expected. However, the USD/JPY went down.

Ignored

That's why (we) follow PAction. JPY is one of the currencies I don't fully understand. I lost the most on it. And now I avoid it.

It's better to trade GBP, AUD and NZD. For me, it is easier to follow their PAction.

JPY just has too many surprises and traps. Once you are trapped, don't think of a way to get out (exit).

Nov 19, 2014 12:15am

The Bank of Japan will conduct money market operations so that the monetary base will increase at an annual pace of about 80 trillion yen. With regard to the asset purchases, the Bank decided, by an 8-1 majority vote, to 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 80 trillion yen.

so QE on going

Nov 18, 2014 9:44pm

Once again, from recession to progression in less than 24 hours? It's just getting too hard to follow.

Nov 18, 2014 9:46pm

Quoting hilmansyah

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more QQE will push long UJ

Ignored

I wouldn't take that bet just yet. Abe still has more Jello for the wall.

Nov 18, 2014 9:52pm

Quoting if27

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I believe 31 oct 2014 will be happen again. Soon.

Ignored

I have the same feeling

Nov 19, 2014 12:13am

if QE is on going , usd jpy will long and long

Nov 19, 2014 1:27am

Quoting Ahmed Seira

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Additional strength USDJPY accelerate to 120 then 124 then 140 next year.

Ignored

I don't think so. Going to 120 is possible in just a few weeks. Maybe all the way to 124, but not 140. See this, the market has gone crazy these weeks. The pair go down or up by average 200 pips a day while it just moved less than 100 pips about three months ago. Remember this, it all started because of the strength in dollar, but the dollar strength will wane in a few weeks. You will remember that, like BoE, the FED will say: oh we are facing greater risks of deflation.

I think the only currencies that will remain more stable than the rest will be the kiwi and aussie.

Nov 18, 2014 11:28pm

Women work force will not come back unless shinzo abe take off his superman disguise
and he will never send apology around for the war crimes.

Nov 18, 2014 9:51pm

I believe 31 oct 2014 will be happen again. Soon.

Nov 18, 2014 9:45pm

more QQE will push long UJ

Nov 18, 2014 10:06pm

It is old story when super hero show, he uses currency as a gun. Bond buying, fiscal policy to follow textbook, but the point is how to deepen their own currency to fight deflation

Nov 18, 2014 9:54pm

The market is so tricky these days. Yesterday, Japan's GDP came out less than what was expected. However, the USD/JPY went down.

Nov 18, 2014 10:51pm

Additional strength USDJPY accelerate to 120 then 124 then 140 next year.

Trader#5287

Nov 18, 2014 11:32pm

Quoting Guest

Disliked

Kinda like it failed to do today?

Golds heading to 1000-965... then it will rally

Ignored

Hahahahaha
Hope u just say it not trade like u say it. U will see gold be at 1200 above in this couple of weeks.

Dec 9, 2014 9:56pm

Hehe.. What do you think about the correlation pairs mr. guest? There is a very basic important things.

Trader#AA23

Nov 18, 2014 9:44pm

i wonder when U/J gonna start diving down......?

Trader#5658

Nov 18, 2014 9:51pm

That's why it call Abenomy and not economy!

Trader#5287

Nov 18, 2014 9:57pm

Quoting hilmansyah

Disliked

more QQE will push long UJ

Ignored

In your dreams. Jpy will soon strong and push all jpy pairs down.

Trader#AA23

Nov 18, 2014 10:00pm

Yup i reckon its a bull trap, wait and see.

Trader#5287

Nov 18, 2014 10:37pm

Buy gold

Trader#5287

Nov 18, 2014 11:07pm

Quoting Ahmed Seira

Disliked

Additional strength USDJPY accelerate to 120 then 124 then 140 next year.

Ignored

In your dreams. Gold will soon go to 1200 above and thus stay there

Trader#E396

Nov 18, 2014 11:17pm

Quoting Guest

Disliked

i wonder when U/J gonna start diving down......?

Ignored

Lol

Thats a good one...

USDJPY lower...

BTFD this is a historic rally ...

Trader#E396

Nov 18, 2014 11:24pm

Quoting Guest

Disliked

In your dreams. Gold will soon go to 1200 above and thus stay there

Ignored

Kinda like it failed to do today?

Golds heading to 1000-965... then it will rally

Trader#EDD3

Nov 19, 2014 12:43am

deep in my dream, UJ will be going down

Trader#5287

Nov 19, 2014 4:00am

traders need to understand it is jpy which push all their pairs up. Not usd. Newbie traders would think it was all usd.

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Nov 18, 2014 9:31pm
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JN Monetary Policy Statement