Week in FX Asia – JPY Boosted by Safe Haven Pressures BOJ

Bank of Japan leaves policy unchanged still upbeat about economy Japan prints worst six month current account balance deficit Geopolitical risks made the JPY a safe haven favoured destination The Bank of Japan ended its two day meeting with few surprises. There was no additional stimulus for the economy. The central bank continues to be upbeat about the pace of growth of the country. The effect of the sales tax hike is still considered temporary and the BOJ expects the impact to dissipate in



Read More http://ift.tt/1oUSuDF