Unnamed sources say the BOJ is likely to easy monetary policy on Friday via increases in asset purchases to the tune of 5 or 10 trillion #JPY. #forex
Would not be at all surprising. Continued reference to deflation (still apparent in Corp Service Price Index today) and finally have yen on bearish track all things they want to address/reinforce.
They are in high pressure to do something and Very high possibility, they may do it more bigger Size to keep market expectation, and that would boost the market and there own portfolio too.
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