Japan BoJ Interest Rate Decision in line with expectations (-0.1%)

Dec 20, 2016

Bank of Japan keeps rates steady, raises economic assessment

At the monetary policy meeting held today, the Bank of Japan (BOJ) maintained short-term interest rate target at 0.1%, maintained 10-year JGB yield ta

USD/JPY takes-out 117.50 on BOJ’s steady policy

The USD/JPY pair dropped to test 117 handle in a knee-jerk reaction to the BOJ’s unchanged monetary policy decision and upgradation of its economic as