Trading forecast: what to expect from Bank of Japan meeting?
22 April 2019
Dear traders,
This Thursday, on April 25th at 6.30am GMT Bank of Japan will make a decision regarding interest rate. What to expect from the meeting and how will markets react?
The leading FreshForex analyst Catherine Main shared her trading forecast:
“Low inflation in Japan forces the Сentral bank to continue the stimulus programme. This is a negative factor for the Japanese yen and positive one for the stock market. On Thursday consider buying USDJPY, GBPJPY, #NIKKEI.”
Prepare for volatile market in advance and and protect your deposit with Stop-out insurance!
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