Today's BoJ announcement deviated from most analysts expectations. BoJ kept the same amount of assets purchases but slashed the interest rate to negative. Will JPY follow the same depreciation route as it did already twice after quantitative easing introductions? It might definitely fall from overbought territories. However, the current gloomy mood in the markets calls for JPY as a safe haven currency. Similar situation persists in the market with Euro. It's a nice question to the participants o…
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