Friday, 05 June 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
BOJ Keeps Policy Unchanged, USD/JPY Little Changed Near 108.65
Thursday, 31 October 2019 11:02 WIB | FISCAL & MONETARY |Bank of JapanBOJ

On Thursday, the Bank of Japan (BOJ) monetary policy board concluded its 2-day July policy review meeting and decided to leave its monetary policy settings unadjusted, holding rates at -10bps while maintaining 10yr JGB yield target at 0.00%.

The BOJ vote was 8 to 1, leaving its pledge to buy JGBs unchanged so that its holdings increase at an annual pace of around 80 trln yen.

The decision on maintaining its interest rate targets was made by a 7-2 vote with board members Goushi Kataoka and Yutaka Harada dissenting.

The central bank modified its forward guidance on interest rates, citing that it will more clearly signal future chance of rate cut.

The Yen was unfazed by the BOJ announcement, leaving the USD/JPY pair in a familiar range around 108.65 region, -0.15% on the day.

Source : FX Street

RELATED NEWS
ECB Expands PEPP Asset-Buying Program To 1.35 Billion Euros...
Thursday, 4 June 2020 19:11 WIB

The European Central Bank, as expected, boosted the size of its Pandemic Emergency Purchase Program on Thursday. The ECB said the envelope for asset purchases was increased by 600 billion euros ($674...

Australia Central Bank Pins Hope on Quicker Economic Recovery After Pandemic Shutdown...
Tuesday, 2 June 2020 13:25 WIB

Australia™s central bank held rates at all-time lows on Tuesday and sounded less gloomy as the economy gradually re-opens during what is likely to be the worst quarter since the Great Depression. T...

Powell Says The Fed is 'Days Away' from Making The First Loans in The Main Street Lending Facility...
Friday, 29 May 2020 22:56 WIB

Federal Reserve Chairman Jerome Powell said the central bank's long-awaited program to lend to small- and medium-sized businesses is about to get off the ground. The Main Street lending facility, whi...

RBA : Australia Economic Downturn To Be Less Severe Than Initially Feared...
Thursday, 28 May 2020 10:06 WIB

Australia™s central bank chief said on Thursday that better-than-feared health outcomes from the COVID-19 pandemic suggest the country™s economic downturn will likely not be as severe as earlier t...

RBA's Lowe: Australian financial system is resilient and is well placed to deal with COVID-19...
Thursday, 21 May 2020 09:53 WIB

Reserve Bank of Australia (RBA) Governor Philip Lowe is on the wires now, via Reuters, speaking on a panel at FINSIA's "The Regulators" Webinar. "Australian financial system is resilient and is well ...

LATEST NEWS
Tokyo Shares Slip But Set For Weekly Gain on Weaker Yen, Recovery Hopes

Japanese stocks slipped as investors locked in some of the week™s gains on Friday, but a weaker yen and overall optimism about an economic rebound from a coronavirus-driven slump kept the major indexes on track for a weekly rise. The benchmark...

Chile Records Largest Single-Day COVID-19 Death Total Since Outbreak Began

Authorities say Chile, which has one of the highest totals for coronavirus cases in Latin America, confirmed 87 deaths from the virus in one day Wednesday, the largest single-day spike since the outbreak began more than two months ago. A surge in...

Hong Kong Stocks Open Slightly Higher

Hong Kong shares inched up at the start of trade Friday, though gains were capped by profit-taking after a four-day rally that has seen the index pile on more than six percent. The Hang Seng Index added 0.09 percent, or 21.88 points, to...

POPULAR NEWS
Gold futures post second straight loss
Wednesday, 3 June 2020 01:24 WIB

Gold futures on Tuesday posted a second consecutive session decline, with profit-taking and strength in global stock markets the key reasons cited...

Gold futures down a third straight session
Thursday, 4 June 2020 01:03 WIB

Gold futures marked a third straight session decline on Wednesday, posting their lowest settlement in more than three weeks. Strength in the U.S....

Gold Prices See Subdued Rise, Buoyed By Weaker Dollar As Stocks Rally
Tuesday, 2 June 2020 19:23 WIB

Gold futures on Tuesday were edging higher on the back of a weaker U.S. dollar, with gains capped by the precious metal by a global rise in assets...

Gold marks first gain in 4 sessions on weakness in U.S. dollar and stocks
Friday, 5 June 2020 01:29 WIB

Gold futures rose on Thursday, with prices posting their first gain in four sessions on the back of weakness in the U.S. stock market and the...