Yen Weakens From Highs Heading Into BoJ April Meeting

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Yen Weakens From Highs Heading Into BoJ April Meeting

Postby kreslik.news » Sat Apr 30, 2016 7:08 pm


This article was written by Jarratt Davis. Jarratt is a professional trader and educator and owner of www.jarrattdavis.com.

During the penultimate week of April the yen began to depreciate across the board, after rallying aggressively for the previous several months, fueled by risk-off sentiment. The new weakness in yen was mainly prompted by speculation that the BoJ will ease monetary policy further at its meeting on Friday, April 28.

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