Daily Report: Yen Higher as BoJ Stands Pat, Raised Inflation Forecast

11:59 PM No Comments

Yen is mildly higher today after BoJ left policies unchanged as widely expected. The target of monetary base expansion is maintained at JPY 60-70T. Also, BoJ revised up inflation forecast and now projects that CPI will rise 2.1% in the fiscal year 2016. BoJ seemed to be confident to hit



Continue Read...