BoJ Interest Rate Decision and Monetary Policy Statement

16 June, 2017

Today the Bank of Japan is slated to make an interest rate decision, announce its a monetary policy at 2 am GMT and the one most traders are waiting for: have a press conference covering all these policies. Much like the Swiss Franc (CHF) though the Japanese Yen (JPY) enjoys a safe haven status and if we look at the BoJ’s interest rate history we can see a relatively dovish/conservative but stable stance.

In fact Japanese interest rate averages 2.90% in the last 45 years. Its current rate is -0.1% with the decision to remain at that interest rate confirming forecasts.В 
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