Freitag, 31. Oktober 2014

FOREX-Yen slammed to near seven-year low vs dollar on BoJ easing

* BoJ's surprise could put pressure on ECB to ease In addition to the BoJ's decision on Friday to expand its purchases of Japanese government bonds, an announcement by the country's government pension fund that it would increase its holdings of foreign and domestic shares further eroded the yen's position. Ahead of Friday's developments, BoJ already had a massive monetary stimulus plan in place ...

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