USD/JPY continues to track more or less sideways ahead of the Bank of Japan statement

  • BOJ decision due on Thursday, October 31, 2024 (Japan time)

Previews of what to expect from the BOJ today:

The Bank of Japan don't have a set time for publishing their decision. Its usually in the 0230 to 0330 GMT time window:

  • 2230 - 2330 US Eastern time

Bank of Japan Governor Ueda will follow with a press conference, and for that we do have a time, 0630 GMT

  • 0230 US Eastern time

USD/JPY is sticking around 153.30 ish.

usdyen boj preview 31 October 2024 2

With no change expected from the BOJ today traders might then site and wait it out until after the US election then the Federal Open Market Committee (FOMC) next week.

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