Tag Archives: BOJ QE

Yen Pairs Swing Up But Close Down After BOJ Easing Leaves Growth Doubts

Not to be undone by the easing efforts from the Fed and ECB, the Bank of Japan decided to do some extra easing on its own. Yen pairs swung up on the initial reaction to the increased BOJ easing but lost the gains later in the day as the Yen rallied on doubts that the new QE will spur growth. The Bank added 10 trillion Yen (around 127 Billion US Dollars) to its QE effort, expanding the asset...

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September 19, 2012 @ 10:14 pm

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