Forex Top Team

Bank of Japan does not rush to re-correct YCC, assessing the impact and effects of the December decision

The Bank of Japan is in the phase of assessing the impact and effects of the operational review of yield curve control (yield curve control, YCC) decided at the Monetary Policy Meeting in December last year, and does not see any need for further revisions at this stage. there is This was confirmed through interviews with multiple stakeholders.

The Bank of Japan will decide whether to implement policy measures by keeping an eye on economic and price developments and trends in the financial markets until the last minute before the Monetary Policy Meeting to be held on the 17th and 18th.

 

The extreme yen-buying trend temporarily stopped.

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12th in July 2024, Today’s Options

EUR/USD: EUR amounts 1.0650: €1.8 billion 1.0690: €1.1 billion 1.0695: €873 million 1.0700: €896 million 1.0800: €1.7 billion 1.0850: €2.4 billion 1.0900: €934 million USD/JPY:

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