Bank of Japan votes 7-2 to leave interest rates unchanged

Market news

29 July 2016

Bank of Japan votes 7-2 to leave interest rates unchanged

The yen rose significantly against the dollar and other currencies after the Bank of Japan decision to leave interest rate unchanged at 0.1%. The decision to keep interest rates on deposits was made under 7-2 vote.

BoJ dissapoints so far. Usd/JPY down 300 pips. Up next the press conference

Germany: Retail sales, real unadjusted, y/y, June 2.7% (forecast 1.3%)

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