Yen eases as traders digest BOJ surprise policy tweak - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

In a surprise move, the BOJ on Tuesday decided to let long-term yields move 50 basis points either side of its 0% target, wider than the 25 basis point band previously, even as the central bank kept broad policy setting unchanged.

The currency market is still digesting BOJ’s policy tweak, said Carol Kong, a currency strategist at the Commonwealth Bank of Australia. The move from the BOJ comes as investors fret about a slowing world economy, sky-high inflation and other central banks’ moves to hike interest rates.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Bank of Japan surprise pushes yen up and Asian stocks downTen-year bond yield allowed more space to move, signalling a possible tightening of ultraloose policy
مصدر: BDliveSA - 🏆 12. / 63 اقرأ أكثر »

Yen on defensive before BOJ; NZ dollar sinks - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The yen retreated against the dollar on Tuesday ahead of a Bank of Japan policy announcement later in the day, with the central bank widely seen leaving ultra-easy stimulus settings unchanged.
مصدر: SABCNews - 🏆 37. / 51 اقرأ أكثر »