Tag Archives: BOJ

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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Spanish Banks Borrow Record 375 Billion Euros From ECB, Yen Notable Loser Today

Last month we wrote about how Spanish banks borrowing from the ECB surpassed that of Italy's banks for the first time since the crisis. Today's released data only confirms and magnifies this difference, with Spanish banks borrowing continuing to skyrocket while Italy's borrowing is almost unchanged. According to data by the Bank of Spain, Spanish banks borrowed 375.5 Billion Euros from the ECB...

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August 14, 2012 @ 5:15 pm

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Spanish Banks Borrow Record 375 Billion Euros From ECB, Yen Notable Loser Today

Last month we wrote about how Spanish banks borrowing from the ECB surpassed that of Italy's banks for the first time since the crisis. Today's released data only confirms and magnifies this difference, with Spanish banks borrowing continuing to skyrocket while Italy's borrowing is almost unchanged. According to data by the Bank of Spain, Spanish banks borrowed 375.5 Billion Euros from the ECB...

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August 14, 2012 @ 5:15 pm

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