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Economists at Rabobank analyze the Bank of Japan (BoJ) policy outlook and its implications for the Yen.
Although steady policy appears to be the most likely outcome for the July policy meeting, it is widely expected to bring upgraded inflation forecasts and the market will continue to hope that the BoJ may offer some signal as to when YCC could be adjusted. Speculation of a possible tweak could allow the JPY some support ahead of the BoJ meeting this month.
We maintain our one-month forecast of USD/JPY 142. That said, we have softened some of our JPY forecasts further out on anticipation that a policy tweak is likely to be delayed.
風險提示：本文所述僅代表作者個人觀點，不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證，對於基於該內容所採取的任何行為，不承擔任何責任，除非另有書面明確說明。
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