Yuan Strengthens on Pledged Policy Support, Sterling Rebounds Ahead of Central Bank Meetings
China’s yuan strengthens as leaders promise policy support, while euro and sterling stabilize ahead of central bank meetings.
Bank of Japan
Asian Currencies Strengthen Amid Dollar Weakness and Chinese Stimulus Expectations
Most Asian currencies gain strength as the dollar weakens and Chinese stimulus promises boost sentiment, ahead of the Federal Reserve meeting.
Analysis of GBP/JPY Exchange Rate – British Pound Strengthens Against the Japanese Yen
The British pound surged in value after the Bank of Japan announced its yield curve control policy and UK’s hot CPI numbers.
USD/JPY: Dollar/Yen Climbs After Bank of Japan Maintains Ultra-Easy Policy
The Bank of Japan’s decision to maintain its yield curve control policy has resulted in a sharp decline in the Japanese Yen, and an increase in the value of the US Dollar.
