The Bank of Japan begin their two-day meeting today. The statement is due tomorrow, Friday Japan time, and a rate hike is widely expected. I mentioned yesterday that the yen wasn't heading higher ahead of this, which is a bit peculiar. I suggested the decision is 'priced in' (scroll down) to the yen. I'm never really comfortable suggesting something is priced into a currency, it can change in the blink of an eye. Still, it's a working hypothesis, and, given the slump in yen overnight, was useful.
This snapshot from the ForexLive economic data calendar, access it here.The times in the left-most column are GMT.The numbers in the right-most column are the 'prior' (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected. This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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