euro area construction

Spotlight on Japan

September 19, 2012

The Bank of Japan expanded quantitative stimulus but did not exceed market expectations.  The actions taken by the Policy Board of the BOJ depressed the yen to as low as 79.23 per dollar, but its net overnight drop was just 0.3% against the dollar.  The greenback also rose 0.3% against the euro, 0.2% relative to […] More