BOJ

EURUSD Non-Commercials increased their net shorts in the Euro last week selling a further 6k contracts to take the total position to -61k contracts. The main focus this week will be whether the ECB proceeds as expected and announces an… Read More

Japanese 3Q GDP disappointed the market printing -1.2% on the annualized figure, versus expectations of -1% and -0.3% on the quarterly figure. However, the key driver of the weakness in activity over the period was the negative impact of… Read More

There has been a growing level of speculation over recent months that the Bank of Japan is on the verge of a shift in policy. Stronger economic data, amidst the backdrop of growing hawkishness in G10 central bank, has seen many players… Read More

The Bank of Japan held its monetary policy meeting last week on Wednesday. As widely expected, the central bank held its monetary policy and QE unchanged. Speaking at the press conference, the BoJ Governor Kuroda cautioned the risks of… Read More

EURUSD Non-Commercials increased their net short positions in the Euro last week selling further 2.4k contracts to take the total position to -33k contracts. Eurozone growth was weaker than expected over the 3Q printing just 0.2%… Read More

The Japanese Yen moved lower mid-week in response to the latest Bank of Japan meeting which saw the central bank keeping rates unchanged, as expected while revising its inflation forecast lower. The revision, which saw the bank’s 2019… Read More

EURUSD Non-Commercials increased their net short positions in the Euro last week selling a further 1k contracts to take the total position to -30k contracts. Continued uncertainty around the Italian budget saga, as well as ongoing… Read More

The week ahead will mark the change into a new trading month. Economic data will, therefore, cover the month of October which will shed light into the state of the global economies for the third quarter of the year. Inflation data from… Read More

The price of Japanese government bonds rose on Wednesday following the BOJ’s outright bond purchases announcement which saw central bank refraining from specifically referring to any tweaks or alterations to its current bond purchase… Read More

The Bank of Japan held its monetary policy meeting last week on Wednesday. As widely expected, the central bank kept its interest rates unchanged including its QE operations. The central bank will also continue to purchase exchange-traded… Read More