Though it was widely expected given the Bank of Japan’s stance against a too-strong Yen, the bank’s announcement of additional easing still gave some Yen bears a reason to celebrate. In general, markets were certain that the BoJ would announce more easing; what was missing were the specifics of that plan, and in that the central bank managed to offer a few surprises which were enough to give the Yen a little push lower. Read more
Forex