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The BOJ's latest round of asset purchases is QE8, by Ambrose Evans-Pritchard's count, and likely...

The BOJ's latest round of asset purchases is QE8, by Ambrose Evans-Pritchard's count, and likely a direct response to the Fed's gambit to weaken the greenback. It's doomed to failure says Capital Economics' David Rea, as the country continues to be a destination for safe-haven flows and previous bond purchase programs have done little to boost the money supply. The yen continues stronger, FXY +0.6%.
Comments (1)
  • Global, competitive, currency de-basement

     

    G-O-L-D
    19 Sep 2012, 06:52 PM Reply Like
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