Forex Flash: A Y10tn BoJ APP expansion should send the Yen higher - NAB (Barcelona) - What the BoJ announces tomorrow will most likely set the tone for the Japanese Yen this week. The focus is on the size of the Asset Purchase Programme as well as on the statement referring to the 2% inflation target.

From NAB strategists: "Another time and quantum-limited expansion of the APP (say another Y10tn) will underwhelm and probably send the JPY higher. In contrast an open-ended commitment to continue expanding the balance sheet until objectives are met (similar to the Fed’s QE programme) has much more chance of underpinning last week’s move up onto a Y90 handle on USD/JPY."

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.