Yen stands still after BOJ leaves policy intact

Yen stands still after BOJ leaves policy intact

On Tuesday, the Japanese yen stood still after the BOJ held policy intact and told that its asset purchase program is still intact.

The currency pair USD/JPY hit 110.91, staying intact, while AUD/USD reached 0.7993, sliding 0.29%.

The Bank of Japan didn’t change its monetary policy. The country’s key financial institutions reaffirmed its Y80 trillion in annual asset buying as well as its yield curve strategy.

Estimating the US currency’s strength versus a basket of six crucial currencies, the US dollar index stood still, sticking to 90.15.

Overnight, the evergreen buck regained some of its losses versus a basket of key currencies amid reports telling that the government obtained enough support in the Senate to finally cope with the government shutdown.

Other currencies were still firm versus the US currency, taming its rebound from minimums because the British pound kept rising.

The common currency rebounded from peaks ahead of the ECB gathering on Thursday.

Similar

Popular

Asian shares tumble with Japan markets shut

On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…

Greenback surges as yields soar

On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera