USD/JPY Surges as BOJ Crosses the Negative Interest Rate Rubicon

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 30, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The normally tranquil Friday Asian session of trade was rudely interrupted this week by a surprise decision from the Bank of Japan. The excitement started just as US markets were closing down for the day when Japan released disappointing data on household spending (-4.4% y/y vs. -2.3% expected) and Tokyo Core[​IMG]

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