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Tag Archives: yen
BOJ Review: Kuroda concedes that Japan’s monetary policies have been exhausted
Friday came and went, with Kuroda stating that “ETF was the most appropriate” policy response to Japan’s bad economic shape. While I had underestimated the resistance from banks’ against NIRP, I am glad that my interpretation of BOJ’s narrative was not … Continue reading
BOJ Preview: I expect USDJPY to end the day lower
Having exhausted his monetary toolkit, Kuroda knows there is a chance that USD/JPY will sell-off regardless of what measures he employ within his authority; and as such will do just enough to show market participants that he will continue to … Continue reading
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Tagged banks, boj, etf, filp, jpy, kuroda, municipals, nirp, qqe, reits, usdjpy, yen
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Bearish Yen after Negative Rates
Previously, I was doubtful that yen would depreciate much further in 2016 and that BOJ is likely to tighten than to ease monetary policy. Of course, I was proven wrong after BOJ introduced negative interest rates on top of its … Continue reading
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Tagged bank of japan, boj, central banks, easing, economics, elections, finance, kuroda, macro, negative rates, nirp, shinzo abe, shunto, tax hike, usdjpy, vat, yen
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