BoJ Triggers Continuation of Yen-Weakness: A Look at some JPY-Crosses

It was the first key act of new Bank of Japan Chief, Haruhiko Karudo and it was a big one. The bank announced plans to buy 7.5 trillion yen ($78.6 billion) of bonds per month and double its monetary base in two years. Plane and simple, this quantitative easing policy introduces a lot of JPY supply,…

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