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European Market Update: Risk Appetite Firms On Up Global Easing Hopes Following BOJ Move...

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

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The USD/JPY surged higher by almost 2.5% and tested 121.60 in late Asia after the BoJ shocked markets by announcing that it would impose a -0.1% interest rate on excess reserves from Feb-16th. JGB yields hit record lows as a result of the additional policy action. Analysts had expected that[​IMG]

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