Yen lower today on boost to expectations for more BOJ easing. But is it?

Discussion in 'Fundamental Analysis' started by ForexLive, Jan 21, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Bloomberg report on comments from Nobuo Ichikawa of Mitsubishi UFJ Trust & Banking - Yen weakening on back of comments boosting expectations of further easing by the Bank of Japan at its January meeting (28-29th) (For example the comment in the Wall Street Journal ) Hmmmm, yeah well there is a shred of accuracy in these comments, and no doubt some of the buying is profit taking on shorts.

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