CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the High risk of losing your money.

BOJ keeps policy unchanged, as widely expected, JPY unmoved

2019-06-20 10:50

On Thursday, the Bank of Japan (BOJ) concluded its 2-day June monetary policy review meeting and made no changes to its monetary policy settings, holding rates at -10bps while maintaining 10yr JGB yield target at 0.00%.



The BOJ vote was 8 to 1, leaving its pledge to buy JGBs unchanged so that its holdings increase at an annual pace of around 80 trln yen.



The decision on maintaining its interest rate targets was made by a 7-2 vote with board members Goushi Kataoka and Yutaka Harada dissenting.



The central bank did not modified its forward guidance, adopted in April that said "will keep very low-interest rates levels for extended period of time at least through around spring 2020."


This article is published only for general use basic informatory purposes and should not be considered or depended on as a financial or investment advice. Investors should make sure that they understand the risks and seek independent financial advice at all times. CFDS ARE COMPLEX INSTRUMENTS AND COME WITH A HIGH RISK OF LOSING MONEY RAPIDLY DUE TO LEVERAGE.

Economic news

    Exchange Rates

    GBPUSD +0.38% 1.37913
    EURUSD +0.61% 1.16728
    XAUUSD -0.03% 1796.04
    XTIUSD +0.08% 81.793
    NAS100 +0.75% 15727.4
    US30 +0.39% 35684.4