| Videos | Channels | Search |
My view on the BoJ: Hardy
Saxo Bank’s head of FX strategy John Hardy examines the background to the Bank of Japan’s monetary policy meeting later today.
Hardy says there is no certainty around what the BoJ will do, though the market is heavily positioned long on JPY.
He said that it seems too early for a Japanese monetary and fiscal stimulus policy move.
Last week, the yen weakened sharply after the BoJ said it may cut the rates at which the central bank lends money to banks.
01:55 minutes
Tags: bank of japan, bank of japan governor, boj, boj meeting, boj policy meeting, japan, japanese yen, john hardy, john hardy forex, john hardy saxo bank, jpy, saxo, saxo bank, saxo bank saxo tv, saxo tv, saxo tv trading floor, saxotrader, saxotradergo, saxotv, trading, tradingfloor, tradingfloor.com, yen, yen crosses, yen strength, yen weakness