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Yen Hits Weakest Level Against Euro Since 2008 in Wake of BOJ.

Authors :
Fullem, Robert
Purvis, Benjamin
Source :
Bloomberg.com; 4/28/2023, pN.PAG-N.PAG, 1p
Publication Year :
2023

Abstract

The outcome proved a disappointment for traders who might have been betting on a hint that the BOJ was planning to shift toward a more hawkish stance, adding downward pressure on the yen. (Bloomberg) -- The slump in the yen spurred by the latest Bank of Japan decision drove the currency to its weakest level since just after the collapse of Lehman Brothers Holdings Inc. in 2008. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
163426858