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Week in FX - BOJ Shock to Pressure Central Banks

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

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Bank of Japan (BOJ) announced that it would apply a negative 0.1 percent rate to excess reserves starting February 16. The policy decision is a token as it would only apply to a limited set of funds, but the signal it sent was felt across the FX market. The[​IMG]

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