USD/JPY extends climb to test the 150.00 mark ...Middle East

forex live - News
USD/JPY extends climb to test the 150.00 mark
The sell the fact play is continuing as traders are still digesting the BOJ monetary policy decision earlier here. But quite frankly, we've had plenty of time to take it all in after the numerous leaks over the past week. And that sort of explains what we're seeing today.Yes, the BOJ has decided to end negative rates. However, it is merely moving short-term rates from -0.10% to between the 0.00% to 0.10% range. Yes, the BOJ has decided to scrap yield curve control. However, they are still maintaining JGB purchases and will step in where necessary if yields run too high, too fast.Besides that, they also didn't offer any forward guidance about future policy steps and the pace of normalisation.

Hence then, the article about usd jpy extends climb to test the 150 00 mark was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( USD/JPY extends climb to test the 150.00 mark )

Apple Storegoogle play

Last updated :

Also on site :



Latest News