Bank of Japan: Press Conference

Bank of Japan (BOJ) Conference: Friday June 15th

The BOJ Press Conferences have the potential to bring great volatility to the market. Being a reg tag event, and being one of the main avenues that Japan releases their monetary policy, keeping your ears open to this news would be a wise thing to do.

[column size=”1-2″ last=”0″ style=”1″] With the current state of the European Economy and the Greek elections coming Sunday, any high profile news can bring about high volatility. Expectation is in the air as Europe’s current events are very capable of bringing turmoil to the market.

Bank of Japan (BOJ) Governor Masaaki Shirakawa is expected to assess the impact of the debt crisis of Europe during the conference Friday.

Recently we have seen Yen strength. Will we continue to? To the right is a screen shot of the USDJPY. Friday’s announcements could play a pivotal role in the breakout direction of this pair.

Feel welcome to share your thoughts on this article below!

Written By: Tony College[/column]

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