The Bank of Japan meet on the 27th and 28th.
Goldman Sachs expect a tweak:
As do MUFG:
However, MUFG do say now that their conviction on this is diminishing:
Key Points
1. YCC Change Conviction: MUFG has reduced certainty about an alteration in YCC settings in the imminent announcement, but the element of surprise inherent to YCC adjustments means a change remains possible.
2. End-Q3 Forecast: Their end-Q3 forecast of 136.00 is based on the prediction of a YCC change. This implies a considerable drop if an unexpected YCC change occurs.
3. JPY Risk Direction: Given the potential outcomes, the JPY risk is now more inclined towards a larger gain if YCC remains unchanged, as opposed to a loss.
MUFG summary comes via eFX.;
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