A recent survey of Bloomberg experts revealed that only 30% anticipate a rate increase from the Bank of Japan in July. Most respondents expected a modest reduction in quantitative easing (QE). However, the evolving dynamics of inflation and wage rates are prompting the BoJ to consider more decisive action. Let’s discuss this topic and make a trading plan for the USDJPY pair.
Highlights and key points
Hedge funds are buying the yen at the fastest pace since 2011.
Experts and the derivatives market do not believe in the normalization of the BoJ policy in July.
The reduction of the bond… Read full author’s opinion and review in blog of #LiteFinance
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