XE Market Analysis: Yen Weakens After BoJ Meeting

OVERVIEW Janet Yellen maintained her positive view of the economy, saying that the U.S. labor market had improved to its strongest in over a decade and wage growth is picking up. The Euro weakened despite a pickup in German producer prices and a healthy Eurozone current account surplus. German borrowing costs hit fresh record lows. The Turkish central bank left rates on hold, contrary to market expectations for a second straight hike as it battles a weakening Lira and rising inflation. A survey by the Confederation of British Industry reported retail sales grew at their fastest pace in more than…

Source: XE news feed
XE Market Analysis: Yen Weakens After BoJ Meeting