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  • BOJ Statement on Monetary Policy

    From or.jp Story is in PDF Format

    1. 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 intermeeting 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. 2. 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. With ... (full story)

meaning?
So. ?
More Quantitative Easing!
OpaBen
  •  Guest
  • | IP XX.XX.41.206
Yen gets strong and you will see some 100s of pips yen pairs moving down now.
Short
Short JPY pairs
Why JPY gets strong? Shouldn't the easing mean it's gonna be weaker?
  •  Guest
  • | IP XX.XXX.162.190
It means no Changes this time which means stronger JPY
  •  Guest
  • | IP XXX.XX.105.128
Not sure I understand THe BOJ is announcing that it is going to print a lot more money to prop up the ecconomy and get it going again Good for Stock market bonds etc etc but my understanding as with the USA and EUR the printing of money weakened the currency being printed

??????? In this case you are saying the Yen will get stronger which it just did big time

Thanks Simon
Quoting paka
Why JPY gets strong? Shouldn't the easing mean it's gonna be weaker?
ikr
lol everyone thinking the markets make sense anymore. Bad news is Good news down means up and up means down. Just keep the money presses printing and we'll all be alright....HAHA
News moves prices at random. If any fundamental would effect prices, it takes days or even weeks. Fundamentals are for investors, not for day traders, pip scalpers or so.
Trade what you see..
I think JPY isn't strong enough,,, just temporarry down
do you guys think something like 119 flat or 118.60?
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will jpy strengthen against inr ? please reply
  •  Guest
  • | IP XXX.XXX.94.19
121-119.40 is range
Not gonna go above 120.50
Quoting thegmann
lol everyone thinking the markets make sense anymore. Bad news is Good news down means up and up means down. Just keep the money presses printing and we'll all be alright....HAHA
It just means that there will be more demand for JPY denominated debt, and they'll be buying JPY bonds using JPYs, which in turn strengthens the Japanese Yen ( because its required to buy huge amounts of JPY Bonds)
Simplicity is the key to brilliance.
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