Forex
globalreutersOctober 31, 20241 Mins read
USD/JPY is little changed after the Bank of Japan statement, around 153.35
globalreutersOctober 31, 20241 Mins read The Bank of Japan
maintained its short term interest rate target at 0.25%, as expected, in a unanimous decision.
In its report the Bank made mention, specifically of FX impacts. Worth being aware of this. It doesn’t change the reaction of Japanese authorities to a rapidly falling yen, I wouldn’t think.
USD/JPY has done very little in response, apart from a wild wiggle at first.
This article was written by Eamonn Sheridan at www.forexlive.com.
Recent Posts
Categories
Related Articles
7 things to watch for the Canadian dollar and the case for a turnaround
Canada is at the nexus of several major trends that will unfold...
No comments from the Fed’s Jefferson on the economic outlook
Jefferson is at a conference in San Francisco so I would expect...
The USDCHF is holding swing area support. Buyers leaning and staying in play.
The USDCHF started the week with an upward move, peaking on Wednesday,...
US long-term inflation expectations hit a 30-year high in the UMich survey
Did people really think Donald Trump was going to lower grocery prices?For...
Leave a comment