BoJ Monetary Policy – June 10, 2013
The Bank of Japan (BoJ) released it’s monetary policy report this evening indicating that the BoJ will continue to create market operations to increase the monetary base annual pace of ¥60-70 trillion, as well as purchase JGB so the outstanding amount will increase by ¥50 trillion with an average remaining maturity of seven years. Exchange-traded funds and […]
Yen creeps up from two and a half year low but seen vulnerable
The listless yen bounced back a tad from a 2 1/2-year low against the dollar on Monday as option-related buying prompted short-term players to give up a further test of the yen downside for now. But it still faced the nagging problem of being the currency of choice to sell, with the Bank of Japan seen under […]
FOREX-Euro rises broadly on Greece aid optimism, German data
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