The dollar rose against major currencies on Monday, buoyed by uncertainty about U.S. budget talks, while the yen tumbled to a 20-month low after Japan’s incoming prime minister stepped up pressure on the Bank of Japan to easy monetary policy. Volatility could increase as the year-end deadline on the U.S. […]
Tag: Bank of Japan
World stocks rise after Bank of Japan eases policy
World stock markets rose Wednesday after the Bank of Japan became the latest major central bank to announce action to shore up fragile economic growth. The Japanese central bank said it was extending monetary easing by increasing its asset purchasing fund to 55 trillion yen ($700 billion) from 45 trillion […]
