Japan BoJ Interest Rate Decision
During its Monetary Policy Meetings, the Bank of Japan's Policy Board determines the interest rates that will be implemented. The discount rate is the official interest rate of the Bank of Japan. MPCs establish a recommendation for money market operations during inter-meeting times, and this guideline is written in terms of a goal for the uncollateralized overnight call rate.
A higher than expected figure should be seen as positive (bullish) for the JPY while a lower than expected figure should be seen as negative (bearish) for the JPY.
Forex Sentiment (JPY)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| USDJPY |
|
|
145.6079 -353 pips |
151.8376 -270 pips |
149.142 | |
| GBPJPY |
|
|
185.7497 -264 pips |
191.2429 -286 pips |
188.387 | |
| EURJPY |
|
|
151.7953 -424 pips |
159.5214 -349 pips |
156.032 | |
| AUDJPY |
|
|
92.9304 -190 pips |
97.0766 -225 pips |
94.827 | |
| CADJPY |
|
|
103.4500 -138 pips |
107.1372 -230 pips |
104.834 | |
| NZDJPY |
|
|
85.7140 +7 pips |
88.2329 -259 pips |
85.642 | |
| CHFJPY |
|
|
158.5478 -771 pips |
169.2209 -297 pips |
166.255 | |
| SGDJPY |
|
|
112.1330 +53 pips |
112.7043 -110 pips |
111.607 | |
| NOKJPY |
|
|
0 -1336 pips |
13.5804 -22 pips |
13.364 | |
| ZARJPY |
|
|
0 -812 pips |
7.8025 +31 pips |
8.115 |
News (JPY)
Japan Core Inflation At 19-Month High Raises Chances Of Rate Hike
Japan's core inflation accelerated to a 19-month high in January, bolstering the chances of another interest rate hike by the Bank of Japan. Core inflation that excludes fresh food rose more-than-expected to 3.2 percent from 3.0 percent in December, the Ministry of Internal Affairs and Communications said Friday. This was the fastest since June 2023 and was slightly above forecast of 3.1 percent.
RTTNews | 1 day ago
Japan Has Y2.758 Trillion Trade Deficit In January
Japan posted a merchandise trade deficit of 2.758 trillion yen in January, the Ministry of Finance said on Wednesday.
RTTNews | 4 days ago
Japan Core Machinery Orders Slip 1.2% In December
The total value of core machinery orders in Japan was down a seasonally adjusted 1.2 percent on month in December, the Cabinet Office said on Wednesday - coming in at 889.3 billion yen.
RTTNews | 4 days ago
