• Foreign exchange market. Asian session

Market news

22 May 2015

Foreign exchange market. Asian session

(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)

03:00 Japan BoJ Interest Rate Decision 0% 0%

03:00 Japan Bank of Japan Monetary Base Target 275 275

03:00 Japan BoJ Monetary Policy Statement


The yen climbed 0.2 percent to 120.82 per dollar after snapping a five-day slump Thursday. The BOJ said it will continue its easing efforts until inflation hits 2 percent. The central bank said the consumer-price index will probably remain flat due to the effects of lower energy prices.

The euro strengthened 0.2 percent to $1.1132. Minutes of the Fed's April meeting published Wednesday showed many officials expected June would probably be too soon to boost borrowing costs, while they remain open to tightening later this year. They indicated a first-quarter slowdown in the economy was probably temporary.


EUR / USD: during the Asian session the pair rose to $ 1.1145

GBP / USD: during the Asian session the pair rose to $ 1.5680

USD / JPY: during the Asian session the pair fell to Y120.70

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