Jannah Theme License is not validated, Go to the theme options page to validate the license, You need a single license for each domain name.
business

breaking news Goldman Sachs asks how far USD/JPY could fall if BOJ exits YCC (spoiler, below 125.00)


The Bank of Japan’s January 2023 monetary policy meeting begins today, Tuesday, January 17, 2023. It ends tomorrow. The declaration is expected to take place after 02:30 GMT on Tuesday, January 17, 2023.

Previews:

This now from Goldman Sachs,

via the folks at eFX.

For transaction banking ideas, check out eFX Plus. For a limited time, get a 7-day free trial, basic for $79 per month and premium for $109 per month. Get it here.

  • “We have long argued that the main driver of the cross should be US rates rather than domestic monetary policy, although our estimates suggest we could see another USD/PY selloff of around 3% – or a dropping to levels just below 125. from current location,” GS notes.
  • “While our economists expect the Boj to keep YCC in place with possible further tweaks to improve its sustainability, the heightened risk of a full exit means we see more limited upside room for the USD. /JPY and as a result, we recently revised our forecast down the path,” GS adds.


cnbctv18-forexlive-benzinga

Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Back to top button