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European Market Update: Despite BOJ Disappointment, Risk On Continues

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 29, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Yen currency firmed in the session after BoJ announced more stimulus but underwhelmed market expectations by keeping interest rates unchanged and maintaining the **a**nnual monetary base target at ¥80T. Kuroda did call for an assessment of the BoJ's policy at the next meeting in September. USD/JPY tested 102.71 (3-week[​IMG]

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