USD/JPY Jumps As BOJ Applies Negative Policy Rate

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

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Trading in the major USD cross rate was choppy and erratic in nature yesterday as signals from other markets were confusing. This morning, the dollar jumped higher against the yen as the BOJ cut its policy rate into negative territory. The gains of the dollar against the euro are modest.[​IMG]

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