CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Bank of Japan (BoJ) and Japanese yen in the traders’ spotlight

December 19, 2016

The Monetary Policy Committee of the Bank of Japan (BoJ) will announce its decision regarding its key policy interest rate on Tuesday night, December 20th, at 03:00 GMT. BOJ Governor Haruhiko Kuroda will hold a press conference that can result in unexpected volatility shifts in major forex pairs and Asian stocks.

According to prevailing forecasts, the Japanese central bank is expected to keep its negative interest rate unchanged at -0.1%.

The release will likely be met with high volatility in Japanese yen (JPY) currency pairs. Top instruments to follow: USD/JPY (US dollar to Japanese yen), EUR/JPY (euro to Japanese yen), NIKKEI 225 (premiere index of Japanese stocks) and Nintendo Co Ltd (NASDAQ:NTDOY) stock CFD.

Start trading now to capitalise on this major market event!


For General Information only.
Losses can Exceed Deposits. Your Capital is at Risk.
Not intended to provide Trading or Investment Advice.

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