Goldman Sachs: BOJ’s steady policy a "fateful miscalculation"

Comments from Goldman Sachs on the Bank of Japan's (BOJ) decision last week via Business Insider:

Decision a "fateful miscalculation"

Does little to dispel the notion that the BOJ is running out of bullets

The BOJ needs to "shock markets again and again, until they have no reason to question a central bank's commitment"

USD/JPY: A phase of consolidation near 18-month lows

Having bottomed out just ahead of 106 handle in early trades, the USD/JPY pair steadies near eighteen-month lows amid persistent USD softness and a better risk sentiment.
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AUD: All roads heading towards RBA decision - Westpac

Sean Callow, Research Analyst at Westpac, suggests that the highlight of today’s calendar is the RBA decision, out at 2:30pm Syd/12:30pm Sing/HK.
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