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Bank of Japan pauses; leaves Europe alone to experiment with negative rates

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The Bank of Japan’s decision to keep both its interest rate and its asset purchase program unchanged, could mean that negative rates will mainly be tested in Europe. Following the negative reaction in Japan from both the banking sector as well as the wider public, the Bank was reluctant to push rates lower so soon after pushing them below zero for the first time in history back in January. Therefore, it looks like the Bank of Japan is going to keep charging certain balances held by

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