Yen Collapsed After BoJ Adhered to the Ultra-Easing Policy. The Japanese yen fell on Wednesday after the Bank of Japan kept interest rates very low, disappointing some investors who had hoped for further policy adjustments. Last month, the Bank of Japan surprised the market by raising its yield cap on 10-year bonds to 0.5% from … Continue reading Daily Brief, January 18, 2023: Bank of Japan Disappoints Investors’ Hopes →Read more