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Market Chatter: Bank of Japan Releases New Banknotes Featuring Notable Japanese Figures
The Bank of Japan started issuing new 1,000-yen, 5,000-yen, and 10,000-yen banknotes on Wednesday, marking the first update in about 20 years, according to the Mainichi.
Shares of Japanese Banks Are Trading Higher Amid Reports of the Bank of Japan Signaling a Potential July Rate Hike.
Shares of Japanese Banks Are Trading Higher Amid Reports of the Bank of Japan Signaling a Potential July Rate Hike.
The Bank of Japan Has Opened the Door for a Hawkish Double Surprise
With implications, Japan's bank decided to maintain its monetary policy.
Summary of last week from June 10th to June 14th: Canadian dollar-yen high: 115.112 yen, low: 113.732 yen, closing price: 114.608 yen, up 0.61% from the previous week, indicating a strong trend due to the Bank of Japan's decision to maintain its financial policy. As the Bank of Japan decided to maintain the current state of the financial policy without indicating the specific amount of reduction in government bond purchases, the Canadian dollar shifted to a strong trend against the yen. In addition, the approval numbers for residential construction in April greatly exceeded financial estimates, which also provided support for buying the Canadian dollar. However, there is no information about the press conference after the financial policy meeting.
The Japanese Yen Fell To A Six-Week Low After The Bank Of Japan Ended Its Meeting
By RoboForex Analytical Department The Japanese yen exchange rate paired with the US dollar looks unimpressive by the end of this week. The USD/JPY pair rose to almost 158.00 immediately after the end
The Bank of Japan will determine specific reduction plans for the next 1-2 years at the next policy decision meeting.
On June 14th, at the monetary policy meeting of the Bank of Japan, it was decided to determine a specific plan to reduce the purchase of government bonds for the next 1-2 years at the next policy meeting.
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