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

    Sep 2, 2015
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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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