| Forex News Center | | | JPY News Archive |
JPY Daily News
BoJ Interest Rate Decision
Wednesday, 21 Dec 2011
The USD/JPY continues to trade in a tight range prior to the BoJ interest rate decision. Today the BoJ is not expected to adjust rates or expand its balance sheet.
Japanese Finance Minister Azumi confirmed the government will increase its currency market intervention capabilities by JPY 30 trn to JPY 195 trn. This shows the Japanese have not become complacent to a strong JPY and will likely continue to intervene in the FX markets as the need arises. There is resistance for the USD/JPY at 78.30 from the 2007 downtrend. Support comes in at the December 8th low of 77.15.
Current Time: 05/27 00:37 GMT
Add events to google calendar
Mark all
Unmark all
Print| # | Time | $€£¥ | Event | Per. | Prev. | Fore. | Act. | Imp. |
|---|---|---|---|---|---|---|---|---|
| 12/21 | ||||||||
| 03:00 | JPY |  Monetary Policy Statement | * | * | * |  | ||
| 03:00 | JPY | Overnight Call Rate | <0.10% | <0.10% | <0.10% | | ||
| 03:00 | JPY | BoJ Press Conference | * | * | * | | ||
