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Forex pairs in this Article » (Barcelona) - Market awaits details on a joint statement between the BOJ and the Japanese government, expected to be released on Jan 22. Nomura strategist Yujiro Goto, amid talk that the government is considering to impose an employment mandate as well as inflation targets, thinks that "while a 2% inflation target is likely to be announced at the next BOJ meeting (Jan 21-22), we should focus on whether a time frame to achieve the inflation target and employment mandate is included in the joint statement or accord..." he says, adding that "a stricter and harder target should be regarded as JPY negative."
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