Posts Tagged ‘bank of japan’

Low Rate Environment Creating Boring FX Market

by Christopher Lemieuxon June 27, 2014 8:03 pm BST
The largest central banks have conducted experimental monetary policy in the wake of the financial crisis and the slower than expected rebound in economic growth. In part, the ultra-low interest rate environment conducted by central banks to try to stimulate growth, but it is creating a boring forex market. Various forex volatility gauges have hit […]

EURJPY Tests 138.00 As Risk Aversion Settles Ahead of BoJ

by Christopher Lemieuxon June 11, 2014 8:55 pm BST
The euro-yen has continued its parabolic descent after failing to gain any momentum above 140.00, as the yen has hit four-month highs ahead of the Bank of Japan (BoJ) monetary statement. Yen futures have come off the session highs but still remain .33 percent to the upside. Pierpoint Securities global strategist Robert Sinche said the […]

USDJPY Range Bound Ahead Economic Data, US Retail Sales and BoJ Monetary Statement

by Christopher Lemieuxon June 10, 2014 4:30 am BST
The dollar-yen remains in range bound trade heading into key economic data at the end of the week. The US retail sales and unemployment claims will set the stage for directional dollar trade, while the Bank of Japan (BoJ) monetary statement will help define the central bank’s outlook on further easing going forward. According to […]

ECB Resorts to Negative Rates But Not Enough; Traders Brush It Off

by Christopher Lemieuxon June 5, 2014 7:50 pm BST
The European Central Bank (ECB) became the first major central bank to resort to negative interest rates, cutting deposit rates to negative .1 percent while slashing the benchmark rate by .1 percent to .15 percent. Denmark and Sweden experimented with negative rates, but it was short-lived. ECB President Mario Draghi told financial markets that this […]