The Bank of Japan is likely to hold steady in October
People familiar with the matter say BOJ officials are inclined not to raise rates this month, leaving them at 1.25% after raising them just last month. A move is still possible at the December meeting, and the decision on October 30 could change at the last minute.
Carry-trade funds tied to the yen are unlikely to be pulled out for now, giving risk assets some short-term breathing room. But the threat of a December hike still hangs over the market.
$BTC $ETH $SOL
If a December rate hike actually happens, can your long positions take the hit?
People familiar with the matter say BOJ officials are inclined not to raise rates this month, leaving them at 1.25% after raising them just last month. A move is still possible at the December meeting, and the decision on October 30 could change at the last minute.
Carry-trade funds tied to the yen are unlikely to be pulled out for now, giving risk assets some short-term breathing room. But the threat of a December hike still hangs over the market.
$BTC $ETH $SOL
If a December rate hike actually happens, can your long positions take the hit?