European Open Briefing

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Oct 30, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The Bank of Japan left rates/QE unchanged, as expected. Despite this, USD/JPY had a sharp decline from 120.90 to 120.30 as speculators who expected more easing from the BoJ covered their positions. However, the pair quickly retraced losses and rallied to a fresh intraday high of 120.39. The press conference[​IMG]

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