Bank of Japan moves further away from easy money
The Bank of Japan ended the era of negative policy rates on Tuesday and ended its Yield Curve Control (YCC) policy aimed at 10-year JGBs. Is this a big deal, or no deal...
The Bank of Japan ended the era of negative policy rates on Tuesday and ended its Yield Curve Control (YCC) policy aimed at 10-year JGBs. Is this a big deal, or no deal...
There are two developed-country central banks that appear particularly perturbed by the weakness in their currencies: the Bank of Japan and the Riksbank. But what can...
The key question now is what happens when, and if, the Bank of Japan reverses policy and so makes the yen a less attractive currency for the carry trade.
The Bank of Japan could tweak its yield curve control (YCC) policy at the July meeting in a similar way to its decision last December.
The Bank of Japan announced a surprise widening of its target band for 10-year JGBs this week, and the yen soared.
Japan has begun FX intervention, but its chances of success could be compromised by the BoJ’s target band for JGB yields.
How will the intervention of the Bank of Japan be conducted? What impact will it have? And will other central banks join in? These and other questions will be asked...
JPY has been the worst performing G10 currency so far this year in spot terms. It matters that whether this currency will continue uptrending.