Reuters: Yen slides after minor BOJ policy tweak, stocks gain
Category:Cross-Border
Updated:2023-10-31
“Currency traders unquestionably have their knives out for the yen after last night's dangerously-ambiguous policy change from the Bank of Japan," saidÌý, chief market strategist atÌýÌýin Toronto. "With major unknowns remaining around the central bank's reaction function, and another raft of stronger-than-expected data helping boost U.S. yields, rate differentials are tilting more aggressively against the yen as the session unfolds."
Cross-Border
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