The Bank of Japan has the option to adjust its already large monetary policy further, a high ranking official from the Bank of Japan said last week. The BoJ's deputy governor, Amamiya told a local newspaper that the central bank could adjust its monetary policy which has already expanded strongly with little to show for. His comments came as ...
At the beginning of the year, the Euro kicked off the year lower and posted the lowest level since 2003 around 1.04. Back then, investment banks were very bearish on the Euro, estimating a sharp decline well below the parity level with the US Dollar. Some banks downgraded their estimates multiple times, some were estimating 0.95, and the major...
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