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BoJ is said to see chance of a hike this year despite politics

  • BoJ is said to see US trade deal removing some risks to growth.
  • BoJ is said to see steady progress toward bank’s price target.
  • BoJ is said to likely keep rates unchanged on September 19.

The yen found bids across the board on the headline. In the bigger picture, there is nothing new here. The market was already sure about no hike in September and has been pricing around a 50% chance of a hike by year-end.

This article was written by Giuseppe Dellamotta at investinglive.com.

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