Posts Tagged ‘boj’

Yen Falls to Six-Year Low on BOJ Easing

by Forex Rooton October 31, 2014 9:10 am BST
The yen weakened beyond 111 per dollar for the first time in more than six years after the Bank of Japan unexpectedly increased monetary stimulus. Japan’s currency slumped as much as 2.1 percent, the most since the central bank first expanded stimulus in April 2013. The BOJ said it would expand the monetary base by […]

BoJ stays pat on QE, Kuroda eases Yen stance

by Forex Rooton July 18, 2014 8:05 am BST
According to minutes from the Bank of Japan’s June 12-13 meeting, board members agreed that the current pace of asset purchases is having a desired effect in fuelling inflation and pulling the country out of 15-year long deflationary spiral, but with the central bank’s inflation target still far away from sight economists believe that the […]

USDJPY Edged Up Slightly Awaiting Yellen

by Forex Rooton July 14, 2014 8:57 am BST
Against the yen, the greenback rose about 0.2 percent to 101.43, moving further off a seven-week trough of 101.06 yen plumbed last Thursday. The euro was flat on the day at 137.97 yen, recovering from last week’s fall to a five-month low of 137.50 yen. USDJPY is trending up slightly this morning though major currency […]

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 […]