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European Market Update: Focus On BOE Rate Decision To See Whether Brexit Risk Turns Any MPC ...

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 12, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The Yen traded weaker back towards the upper end of its recent 105-110 range. More verbal intervention seemed to be the catalyst for the soft tone in todays yen price action. BoJ's Kuroda reiterated the view that BOJ had not run out of ammunition and could still ease policy "substantially"[​IMG]

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