Donnerstag, 30. Oktober 2014

FOREX-Yen slides to 7-year low after BOJ surprises with more easing

The yen tumbled to its lowest level in almost seven years against the dollar on Friday, as the Bank of Japan wrong-footed markets by unexpectedly easing policy further in the face of mounting evidence it would miss its inflation goal. The dollar surged more than 1 percent to a high of 110.67 yen, its best level since January 2008 after the BOJ said it would raise its monetary base target to an ...

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