Despite statements that there won’t be any fundamental change in monetary policy, investors do not believe BoJ. It has already made adjustments in its yield curve control policies. What about USDJPY? Let’s get to the bottom of this issue and come up with a trading strategy.
Weekly fundamental forecast for yen
The more one waits to make an important decision, then the worse it will be. The BoJ made a move by increasing its 10-year bond yield target range to +//0.25% to +//0.5%. The derivatives market expects that it will continue. The BoJ should keep normalizing monetary policies. Futures signal another half-a-point widening of the trading… Read full author’s opinion and review in blog of #LiteFinance