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USD/JPY - Yen Slides as BoJ Shocks With Negative Rates

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

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Japanese yen is down sharply on Friday, dropping close to 200 points against the US dollar. In the European session, the pair is trading slightly below the 121 line. On the release front, the BOJ surprised by lowering interest rates into negative territory. Japanese releases disappointed, led by Household[​IMG]

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