Flash: BoJ holds, for now - Danske Bank

FXStreet (Barcelona) - Allan von Mehren, Chief Analyst at Danske Bank notes that the Bank of Japan as expected did not announce any new easing measures in connection with today’s monetary meeting.

Key Quotes

“In the statement from the meeting there were only small changes in its view of the economy but it was less positive in its description of the development in exports.”

“Exports are now described as having ‘levelled off’ after previously having been described as ‘picking up’.”