| It is one of the most thought-provoking issues facing currency markets at the moment – why does the Japanese yen continue to strengthen as its interest rates go negative? In March, the Bank of Japan (BoJ) maintained its negative interest rates highlighting the economy was still fighting deflation and a sinking economy.
The minutes of the BoJ’s March meeting (released last week) are more about what the board members didn’t say, rather than what they did, ANZ FX strategist Sam Tuck says...............................................Full Article: Source
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