Trade The World
Bank of Japan also sticks to the script – Commerzbank
Por FXStreet Insights Team
Data de Publicação: 19 Sep 2025 | Data de Modificação: 19 Sep 2025
POPULAR ARTICLES
Following an eventful week of central bank meetings, the Bank of Japan did not announce any unexpected decisions this morning, maintaining interest rates at 0.5% as anticipated, Commerzbank's FX analyst Michael Pfister notes.
Following an eventful week of central bank meetings, the Bank of Japan did not announce any unexpected decisions this morning, maintaining interest rates at 0.5% as anticipated, Commerzbank's FX analyst Michael Pfister notes.
Market is optimistic about the prospects for normalisation
"At the same time, the central bank announced plans to begin selling its ETF holdings, having successfully completed the sale of stocks on its balance sheet. The market interpreted this decision as having a slightly positive impact on the yen. This is probably because reducing ETFs is another step towards normalising monetary policy, albeit a slower one. Some media outlets also noted that the decision came relatively late."
"The market is usually overly optimistic about the prospects for normalisation. We also anticipate another interest rate increase in December, but anything beyond that seems unlikely. Therefore, we would not drive the yen's strength too far."
FXStreet
Mais de um milhão de usuários confiam na FXStreet para dados de mercado em tempo real, ferramentas de gráficos, insights de especialistas e notícias de Forex. Seu calendário econômico abrangente e webinars educacionais ajudam os traders a se manterem informados e tomarem decisões calculadas. A FXStreet conta com uma equipe de cerca de 60 profissionais, divididos entre a sede em Barcelona e diversas regiões globais.
Read More
