Japanese Yen Strongest on FX Market Despite BoJ Statement

Apr 25,2019 08:12   Source:Earnforex
The Japanese yen was the strongest major currency today despite pledge of Japan’s central bank to keep monetary policy extra loose for at least a year. As was widely expected, the Bank of Japan kept its monetary policy unchanged at today’s meeting. The bank said in the statement:   The Bank intends to maintain the current extremely low levels of short- and long-term interest rates for an extended period of time, at least through around spring 2020, taking […]

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