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APAC Currency Corner: The Action of Inaction

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 17, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    USDJPY has fallen to the lowest level since August 2014 after the Bank of Japan (BoJ decided to keep monetary policy unchanged. While this move was widely expected, some traders expressed their disappointment sending the Yen soaring. Governor Kuroda stated the central bank is watching currency movements carefully and[​IMG]

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