In currency trading the Asian session today (31-08), seen through the strengthening of the Yen against the U.S. Dollar. Pair EUR / JPY is currently engaged in the range of 84.21.
Apparently business BoJ (Bank of Japan) to inhibit the strengthening yen failed, whereby the expansion of bank loan program for 10 trillion yen to a total of 30 trillion yen by the BoJ yesterday was still considered too small. Yen gains continue looking back today, the accompanying drop in Asian stocks this morning.
Currency News and Forex Online.
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