Yen Recovers as BoJ Holds Rates; Euro Strengthens Ahead of Inflation Data
Yen recovers broadly today after BoJ left interest rates unchanged, and largely maintained the economic projections unchanged too. The direction of monetary policy remains clear as the next move is a hike if the outlook is realized. Yet, BoJ dropped no clue on the timing. Data from Japan were mixed, with stronger industrial production and […] The post Yen Recovers as BoJ Holds Rates; Euro Strengthens Ahead of Inflation Data appeared first on Action Forex.
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Yen recovers broadly today after BoJ left interest rates unchanged, and largely maintained the economic projections unchanged too. The direction of monetary policy remains clear as the next move is a hike if the outlook is realized. Yet, BoJ dropped no clue on the timing. Data from Japan were mixed, with stronger industrial production and […]
The post Yen Recovers as BoJ Holds Rates; Euro Strengthens Ahead of Inflation Data appeared first on Action Forex.
