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Yen Falls as BOJ Commits to Low Interest Rates

The Japanese yen continued falling against the US dollar after the BOJ concluded its monetary policy meeting. As expected, the bank left interest rates unchanged making it the 32-straight month of no monetary policy changes. In the August meeting, the bank left rates unchanged but tweaked the forward guidance. The bank said that it would…

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Week Ahead: BOE and ECB To Dominate in a Busy Week

On Friday, the US Labour department released impressive jobs numbers. The numbers showed that more than 203K jobs were created in August, with the unemployment rate remaining at 3.9%. Perhaps, the biggest data was the improving wages. In August, wages grew by 0.4%, which was higher than the expected 0.3%. This was a huge improvement…

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