VIP SIGNAL BUY NOW (PREMIUM ONLY)/JPY The JPY was able | Focal Community Group (FXSignals)
VIP SIGNAL BUY NOW (PREMIUM ONLY)/JPY
The JPY was able to win against its peers after the interest rate decision of the Bank of Japan. Investors expected a dovish stance and potentially even more stimulus measures. Neither could I get comfortable with this extremely dovish outlook before the interest rate decision, nor do I see the Bank of Japan as less dovish than could realistically have been expected in the first place. The BoJ kept kept its interest rates and asset buying plans unchanged today. The central bank also cut its projection for economic growth this fiscal year. Most importantly the central bank cut its consumer inflation forecast for the year ending in March 2022 to 0% (!) from 0.6%. This is VERY dovish and means that the central bank feels little pressure to end its ultra-loose policies, including negative interest rates. I expect the ECB later today to (PREMIUM ONLY), which will signal to investors that (PREMIUM ONLY) will start to tighten (PREMIUM ONLY) earlier than the ECB. I also expect a gradual increase in ... (PREMIUM ONLY) ...
Try to get in as LOW as possible.
Signal delayed by ~ 20 minutes (non-delayed signals in VIP group).
