USD/JPY continues to track more or less sideways ahead of the Bank of Japan statement

October 30, 2024
-FCHFX

October 30, 2024 at 10:43PM
Previews of what to expect from the BOJ today:

Bank of Japan Policy Meeting Preview – Don’t Hold Your Breath for a Hike

Preview – Bank of Japan meeting this week – no change to policy expected

Japanese Inflation Data Impact on USD/JPY; BoJ Meeting Outlook

The Bank of Japan don’t have a set time for publishing their decision. Its usually in the 0230 to 0330 GMT time window:

2230 – 2330 US Eastern time

Bank of Japan Governor Ueda will follow with a press conference, and for that we do have a time, 0630 GMT

0230 US Eastern time

USD/JPY is sticking around 153.30 ish.

With no change expected from the BOJ today traders might then site and wait it out until after the US election then the Federal Open Market Committee (FOMC) next week.

This article was written by Eamonn Sheridan at www.forexlive.com.

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