With attention focused on the announcement of the Bank of Japan's policy decision, the foreign-exchange market is expected to move from tonight through tomorrow. The dollar-yen forecast range is ¥157.30–¥158.60.
In the dollar-yen market from tonight through tomorrow, attention is focused on the announcement of the Bank of Japan's Monetary Policy Meeting decision. The expected range is ¥157.30 to ¥158.60 per dollar.
The policy rate is expected to remain unchanged at the Bank of Japan's meeting, while attention is also focused on the content of the Outlook Report and the press conference by Kazuo Ueda (植田和男), Governor of the Bank of Japan. In addition, the US September PCE price index and preliminary third-quarter GDP are scheduled to be released tonight, and a market reaction is expected.