RobertSoos

BoJ awaits to get clearer picture on economy prior to boost QE

FX:USDJPY   U.S. Dollar / Japanese Yen
BoJ iflation target is still far away while Japanese economy might turn into technical recession. Is the next step for Bank of Japan to increase QE? Not necessarily. It can adjust target date lets say to end of 2016 and stay in 'wait and see' mode. Oil             prices can pick up meanwhile and CPI             can go with it.

Import prices already hurting SME's and local consumers, weak Yen policy has it's drawbacks.

RECOMMENDATION: stay neautral until price is ranging, act only close to supp/resistance levels. Dont be to dovish or hawkish on BoJ policy.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out