Tag Archives: Bank Of Japan Weakens JPY
Japanese Stocks and Risk Appetite Gain on Recently Weakened JPY
Posted on05. Jan, 2009 by admin.
Throughout today’s early trading hours the JPY appeared to be either floating or strengthening against its currency rivals. The forecast that the Bank of Japan (BoJ) will soon take stronger measures to curb the economic recession, coupled with the recent weakening of the JPY, has helped boost risk appetite. This increase in risk appetite has [...]
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BoJ Weakens JPY to Boost Exports
Posted on22. Dec, 2008 by admin.
The Bank of Japan’s (BoJ) monetary intervention last week has helped slow down the appreciation of the JPY in this week’s early trading hours. With Japan’s trade gap growing and economy entering a deeper recession, the BoJ needed to take steps to weaken the national currency in order to boost Japanese exports.
So far the intervention [...]
