Tuesday, June 11, 2013

BOJ fails to feed yen bears – USD/JPY falls

The Bank of Japan made no changes in monetary policy once again. The ambitious changes made in the April 4th decision are still playing out, and no immediate changes are needed. Nevertheless, markets were expecting an extension of loans. When this didn’t happen, the yen strengthened and USD/JPY dropped back down, dipped below 98 and
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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