Analysts at UOB Group noted that The Bank of Japan (BoJ) will announce its monetary policy decision on Thursday (20 July).
"... it will be accompanied by an updated report on its Outlook for Economic Activity and Prices (The Bank’s View)."
"These are challenging times for the BoJ, as the central bank continued to boost its JGB bonds as it sought to cap recent yield increases so as to maintain its yield curve control."
"That said, market generally expect BoJ to keep status quo in July while factor in only a small probability for more BoJ policy easing in 3Q."
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.