FxWirePro: Japanese yen almost flat against major peers after BOJ’s meeting minutes
USD/JPY is currently trading around 117.22 marks. It made intraday high at 117.36 and low at 117.07 levels. Intraday bias remains neutral for the moment. A daily close above 117.97 will take the parity higher towards key…
It made intraday high at 117.36 and low at 117.07 levels.
Intraday bias remains neutral for the moment.
A daily close above 117.97 will take the parity higher towards key resistances around 118.66, 119.52 and 120.46 levels respectively.
On the other side, a sustained close below 117.00 will drag the parity down towards key supports around 116.54, 114.77, 113.98, 113.13, 112.05, 111.35, 110.85, 109.72, 106.72, 106.03 and 104.96 levels respectively.
BOJ October 31- November 1 meeting minutes: Most members shared recognition that momentum toward achieving price target was being maintained.
BOJ minutes: Members shared the view that the yield curve for JGBs had been formed smoothly in line with the guideline for market operations.
BOJ minutes: One member said BOJ should attach less importance to JGB purchase amount in due course.
BOJ minutes: One member said BOJ should allow interest rates to decline below zero pct in response to negative shocks.
