XE Market Analysis: North America – Dec 21, 2017

The dollar majors have posted narrow ranges, though USD-JPY still managed to eke out a nine-day high of 113.63, which caps a third straight day of gains. The BoJ left policy unchanged at its final policy meeting of the year, noting that the economy will continue its “moderate expansion,” but signalling that it was in no rush to remove crisis-mode stimulus. BoJ Governor Kuroda also said that the central bank will remain committed to dovish policy settings even if the government declares that the threat of deflation has ended.

Source: XE news feed
XE Market Analysis: North America – Dec 21, 2017