Market Has Lost Faith In The BOJ

🇯🇵 🇯🇵 Market Has Lost Faith In The BOJ: “This is much more dovish than the market expectation of a clear reduction in the bond buying amount to be announced today,” said Alvin Tan, head of Asia FX strategy at RBC Capital Markets. “It’s not at all clear at this point if the BOJ actually decided on a specific reduction of the bond purchase amount, or it will only decide on this at the next meeting.”

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