BOJ calls for a meeting on market operations on October 20

Dhwani Mehta FXStreet

Ahead of the next Bank of Japan (BOJ) monetary policy meeting scheduled for October 28 and 29, the central bank has arranged a meeting a week prior, i.e., on October 20 at 0830 GMT.

The meeting is likely to be centered on the bank’s ‘market operations,’ with the following tentative topics on the agenda:

Recent developments in the financial markets and the Bank's market operations.
Liquidity in and functioning of JGB markets.
The benchmark rate reform in Japan (Current progress made in market-wide initiatives.

Market reaction

The above announcement has little to no impact on the yen markets, as USD/JPY trades modestly flat at 106.15 heading into the US CPI release.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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