{"id":79255,"date":"2015-10-07T02:39:48","date_gmt":"2015-10-07T06:39:48","guid":{"rendered":"http:\/\/countingpips.com\/?p=79255"},"modified":"2015-10-07T07:08:50","modified_gmt":"2015-10-07T11:08:50","slug":"usdjpy-falls-for-second-day-after-bank-of-japan-leaves-policy-unchanged","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/10\/usdjpy-falls-for-second-day-after-bank-of-japan-leaves-policy-unchanged\/","title":{"rendered":"USD\/JPY falls for second day after Bank of Japan leaves policy unchanged"},"content":{"rendered":"<div id=\"inves-852333307\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">October 7, 2015<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>Article by <a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/p>\n<p>USD\/JPY fell for a second day after the Bank of Japan refrained from adding to its already unprecedented monetary stimulus at the end of a two-day meeting today. The pair fell from a 120.36 high and 120.25-30 pre-BoJ, down to 119.75.<\/p>\n<p>BOJ Governor Haruhiko Kuroda kept his pledge to expand the monetary base at an annual pace of 80 trillion yen ($667 billion). All but two of 36 economists surveyed by Bloomberg had predicted policy would be unchanged. Traders are shifting their focus to Kuroda\u2019s briefing at 3:30 p.m. in Tokyo for any hints the central bank would adjust policy on Oct. 30.<\/p>\n<p>EUR\/USD opened in Asia at 1.1272, holding gains after yesterday\u2019s rally on broad USD weakness.<\/p>\n<p>The pair was sidelined in Asia, with focus on JPY, BOJ \u2013 Kuroda press conference next. EUR\/USD has mostly stayed in a range of 1.05 to 1.15 since mid-February, only breaking out briefly in late August amid a global rout in commodity and stocks.<\/p>\n<p>GBP\/USD was modestly bid in Asia, trading 1.5223 to 1.5259. Thursday\u2019s Bank of England meeting comes into focus and is the main risk to GBP.<\/p><div id=\"inves-2706236335\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>AUD\/USD opened in Asia at 0.7164, traded up from 0.7149 to 0.7188. Better bid commodities are helping support the aussie as was yesterday\u2019s RBA decision to hold rates.<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-54242 alignleft\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2014\/07\/Forex-Time-Logo.png\" alt=\"Forex-Time-Logo\" width=\"262\" height=\"90\" \/><strong>Article by <span style=\"text-decoration: underline;\"><a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/span><\/strong><\/p>\n<p><strong>ForexTime Ltd (FXTM)<\/strong> is an award winning international online forex broker regulated by CySEC 185\/12 <a href=\"http:\/\/www.forextime.com\" target=\"_blank\">www.forextime.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article by ForexTime USD\/JPY fell for a second day after the Bank of Japan refrained from adding to its already unprecedented monetary stimulus at the end of a two-day meeting today. The pair fell from a 120.36 high and 120.25-30 pre-BoJ, down to 119.75. BOJ Governor Haruhiko Kuroda kept his pledge to expand the monetary [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-79255","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/79255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=79255"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/79255\/revisions"}],"predecessor-version":[{"id":79270,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/79255\/revisions\/79270"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=79255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=79255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=79255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}