Yen was spurred

The pandemic forced the Bank of Japan to surprise financial markets

In 2018-2019, one of the benefits of the Japanese yen, which was strong and regularly entered the list of Forex leaders, was a low chance of BoJ monetary easing. It seemed impossible that the central bank could do more, it just couldn’t provide a huger stimulus than already was. A deeper cut of the overnight interest rate into the negative area could yield more negative side-effects than positive, and the yield-curve control policy reduced would reduce the need to expand the monetary base by ¥80 trillion per year. In…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>