The Traderszone Network

Published in TZ Latest News 31 October, 2016 by The TZ Newswire Staff

Key area looms above through the BOJ statement in the new trading day

No change expected.
The Bank of Japan is expected to keep their power dry when they release their rate decision in the new trading day.  This is consistent with the BOJ’s Governor Kuroda’s pledge to not surprise the market anymore but instead to look  to keep monetary easing going until inflation remains steadily above 2%.  So it will be more talking and less surprises from the BOJ.