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.
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