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European Open Briefing

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

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Bank of Japan surprises markets overnight by introducing negative interest rates. Most market participants were expecting no change in the BoJ policy and were caught by surprise. USD/JPY immediately rallied to a high of 121.40 after the announcement, but retraced most of the gains within the next half hour.[​IMG]

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