BOJ intervenes to weaken the JPY; investors see this as “not enough”

G10 Advancers and Decliners vs USD
JPY 0.17
GBP -0.03
CHF -0.26
EUR -0.37
The USDJPY pared gains on speculation the BOJ’s decision to introduce more credit-easing measures won’t be enough to weaken the currency from near a 15-year low while the EURJPY also trimmed gains after the bank expanded a corporate loan program by 10 trillion JPY ($116 billion), falling short of expectations it would unveil more steps, such as buying Japanese government debt, to support the…

Read More …

Sharing the News


Follow us for the Latest news


This post is over 2 years old. Sometimes images and links no longer work since they are from other sites. We have no control over these sites and we are sorry for this if it makes harder to understand the article.

Latest Articles

Click for a Random Article (from this year)

Comments are closed.