Bank Of Japan: Trick Or Treat?

The Bank of Japan (BoJ) surprised at its meeting on Friday, October 31, by expanding its asset purchase programme considerably. It will raise its purchases of Japanese government bonds (JGBs) to an...

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Global Currencies: Pound Strong, Yen Weak

Sterling has been range-bound against the US dollar for most of the past four years, and although we have a short-term bullish bias towards cable, it still faces stiff resistance in the US$1.63/GBP...

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