• USD / JPY rose sharply to Y102.80 after the announcement of the Bank of Japan

Market news

21 September 2016

USD / JPY rose sharply to Y102.80 after the announcement of the Bank of Japan

USD / JPY rose updating the session high despite the fact that the Central Bank did not change the intrest rate, the regulator said that it will continue to increase monetary base, while inflation stabilizes above 2%. In addition, the Bank of Japan announced its readiness to further reduce the negative interest rates on deposits.

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