# Bank of Japan should shun ultra-loose policy to prop yen, Deutsche Bank says

> Deutsche Bank says the Bank of Japan must step away from quantitative easing and negative rates to support the yen. The yen was trading near 148.98 per dollar, with 151.94 marking a 33-year low.

- Date: 2023-11-20 · published 2023-11-20T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/33399-bank-of-japan-should-shun-ultra-loose-policy-to-prop-yen-deutsche-bank-says
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A possible BOJ policy shift would lift the yen against the dollar, with limited direct impact on feed commodity prices. Such a move would be mainly a currency event rather than a supply or demand driver.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- cnbc.com: https://www.cnbc.com/2023/11/20/bank-of-japan-should-shun-ultra-loose-policy-to-prop-yen-deutsche-bank-says.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.