The wait for the Bank of Japan Statement is now live!

The BoJ doesn’t have a scheduled time for their Statement, never do.

Experience indicates to expect it sometime in the 0230 – 0330 GMT (2130-2230 US Eastern time) time window.

Bank of Japan Governor Ueda will follow up with a press conference. This is scheduled. At 0630 GMT (0130 US Eastern time).

The BoJ is widely expected to leave rates on hold today:

• BOJ is expected to hold its policy rate at 0.25% in its December 18-19 meeting – preview

• BOJ reportedly sees little cost to waiting for next rate hike
• BOJ reportedly erring towards keeping interest rates unchanged
• BOJ reportedly considers skipping rate hike
• BOJ to raise interest rate to at least 0.50% by end-March, 51 of 52 economists say
• Goldman Sachs expect the Bank of Japan to remain on hold at 0.25% at the December meeting

But, just to mix it up:

• Here’s a view saying BoJ to hike today (or maybe January!) – stronger yen in months ahead

This article was written by Eamonn Sheridan at www.forexlive.com. Source