3.19 Bank of Japan Monetary Policy Meeting decisive decision
This article is not indicating or recommending buy or sell timing.
Please make your own investment decisions.
Today, the Bank of Japan's Policy Board meeting is scheduled around noon.
There has been a teaser in the headlines yesterday suggesting a slight widening of long-term interest rates, so it seems largely priced in.
As for the inspection results and ETF purchases, the content has been broadly communicated in advance, so it is believed to be priced in, but attention should be paid to Governor Kuroda's press conference.
The yen index, which has been sold daily, is about to touch the trend line.
Although there is still a little room for further declines, it seems about time for a yen rebound from a timing perspective.
With earnings season approaching, a rebound driven by repatriation of overseas assets and other seasonal factors is expected to trigger, but continued long positions in cross-yen pairs should be approached with caution.
