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Yen Edges Higher as BOJ Takes Wait-and-See Stance on Easing

posted by Avatar eToro 366 days ago in JPY, Fundamental, Daily

The Bank of Japan announced earlier today that it would make no changes to its existing monetary policy, keeping the benchmark interest rate at 0.1% and maintaining the asset purchase program at ¥40 trillion ($504 billion). While that had been generally in line with the consensus of analysts polled, some market players had been hoping that the BOJ
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