Turkey Vehicle Sales Fall 11.4% in June as Auto Market Weakens 
Goldman Sachs Says China Competition Weighs More on EU Growth Than Trade Deficit 
Mary Daly Says AI Uncertainty Clouds Fed Rate Outlook Despite Restrictive Policy 
Denmark Central Bank Intervenes to Support Krone Peg Against Euro 
ECB Set to Raise Interest Rates as Energy Shock Fuels Eurozone Inflation Concerns 
Wall Street Ends Mixed as Weak Jobs Data Lowers Fed Rate Hike Bets, Chip Stocks Tumble 
US Resumes Dollar Shipments to Iraq After Months-Long Suspension 
Asian Currencies Stay Under Pressure as Dollar Holds Near 13-Month High Ahead of U.S. Jobs Report 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
South Korean Stocks Tumble as AI Chip Selloff Hits Asian Markets 
South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated 
The Bank of Japan (BoJ) is expected to maintain its 'QQE with yield curve control' policy unchanged at the next monetary policy meeting ending on Tuesday, January 23. Governor Kuroda is further, likely to downplay the significance of daily market operations and repeat BoJ's commitment to the current yield curve control.
"We expect the BoJ to keep its policy unchanged in 2018, assuming Kuroda is reappointed when his term ends in April. We expect BoJ QE exit concerns and uncertainty about the future BoJ leadership to weigh on USD/JPY and we have lowered our 1M target to 112 (113)," Danske Bank commented in its latest research report.
Meanwhile, over the medium term, USD/JPY is seen to trade mostly sideways within the 110-114.50 range, targeting 113 in 3M, the report added.
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