Forex Trading Library

Japan Raises Rate After 17 years!

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The Bank of Japan has raised the cost of borrowing for the first time in 17 years to 0%.

It comes as wages jumped with progressive GDP data also adding to the sentiment.

With the USDJPY pair jumping 100 pips, what other instruments have been affected?

Timestamps
USDJPY 01:00
EURUSD 02:15

 

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