<p>The Bank of Japan September Monetary Policy Statement is due at present, Thursday, 22 September 2022.</p><ul><li>There is not any firmly scheduled time for the BOJ assertion, its cheap to count on it a while within the 0230 to 0330 GMT time window</li></ul><p>Yesterday the Bank closely intervened within the Japanese Government Bond market:</p><p><a href="https://www.forexlive.com/centralbank/more-on-the-aggressive-unscheduled-bank-of-japan-bond-buying-today-20220921/" goal="_blank" data-article-link="true">More on the aggressive, unscheduled Bank of Japan bond-buying at present</a></p><p>The BOJ is looking for to drive down JGB yields from latest highs. This isn’t an indication that the Bank shall be altering its ultra-easy coverage any time quickly, not at present a least. </p><p>Earlier previews:</p><ul><li><a href="https://www.forexlive.com/centralbank/goldman-sachs-preview-the-bank-of-japan-meeting-spoiler-no-change-expected-20220919/" class="article-link article-link article-link">Goldman Sachs preview the Bank of Japan assembly (spoiler, no change anticipated)</a></li></ul><ul class="text-align-start vertical-align-baseline"><li class="vertical-align-baseline"><a href="https://www.forexlive.com/centralbank/bank-of-japan-monetary-policy-meeting-next-week-preview-20220916/" goal="_blank" class="article-link vertical-align-baseline article-link">Bank of Japan financial coverage assembly – previe</a>w</li></ul><ul><li><a href="https://www.forexlive.com/centralbank/a-small-chance-the-boj-could-rock-currency-and-bond-markets-ycc-questions-thursday-20220920/" class="article-link article-link">A small probability the BOJ might "rock foreign money and bond markets" – YCC questions Thursday</a></li></ul><p>–</p><p>USD/JPY backed off from highs forward of 145, its troublesome to count on that degree to carry it down because the coverage divergence between a hawkish Federal Reserve and dovish BOJ persists. </p><p>Even rudimentary technical evaluation seems bullish:</p><p>I’m positive technical analysts buying and selling USD/JPY can do a greater job than me, within the feedback please of us!</p>
This article was written by Eamonn Sheridan at forexlive.com.
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