...BoJ leaves rates unchanged.
...but now finds itself in a tight spot, if it does not raise rates, Yen would likely continue to depreciate threatening higher imported inflation and lower purchasing power.
...if it raises, it threatens a JPY bond market implosion and an unwinding of the JPY carry trade that could cause market turmoil.
....thankfully, a lower Japanese CPI print means BoJ can continue with the easiest and safest course of doing nothing. But that too could end when we get 160 to the dollar.
YEN WEAKENS PAST 156 AGAINST THE DOLLAR AFTER BOJ Japanese Lira imploding
- Forums
- ASX - General
- Its Over
...BoJ leaves rates unchanged. ...but now finds itself in a...
- There are more pages in this discussion • 168 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)