NEW YORK/LONDON, Oct 31 - The yen slid across the board and hit a 15-year low against the euro on Tuesday after the Bank of Japan's step to end years of monetary stimulus left investors cold, while global stock indexes were higher a day before the Federal Reserve is expected to again say interest rates will stay high for longer.
The yen fell to a new one-year trough against the dollar. The dollar was last up 1.7% at 151.56 yen, on track for its best one-day increase since late April. "With major unknowns remaining around the central bank’s reaction function, and another raft of stronger-than-expected data helping boost US yields, rate differentials are tilting more aggressively against the yen as the session unfolds.”
The pan-European STOXX 600 index rose 0.59% and MSCI's gauge of stocks across the globe gained 0.33%.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Ueda Faces Market Fallout Risk as BOJ Mulls Yields, Prices, YenThe Bank of Japan’s Kazuo Ueda is in a tight spot. If he stands pat on policy this week he risks sending the yen to a multi-decade low and opening up his yield control program to speculative attack in the market.
Fuente: BNNBloomberg - 🏆 83. / 50 Leer más »
Ueda Faces Market Fallout Risk as BOJ Mulls Yields, Prices, Yen(Bloomberg) -- The Bank of Japan’s Kazuo Ueda is in a tight spot. If he stands pat on policy this week he risks sending the yen to a multi-decade low and...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »
Ueda Faces Market Fallout Risk as BOJ Mulls Yields, Prices, YenThe Bank of Japan's decision on yields, prices, and the yen poses a market fallout risk for Ueda.
Fuente: BNNBloomberg - 🏆 83. / 50 Leer más »