Forex news for Asia trading Friday 22 January 2016
The ‘More BOJ easing coming’ story just won’t go away – the Nikkei carried a story early in the Tokyo morning, saying the BOJ “is taking a serious look at expanding its monetary easing measures”. The Nikkei surged, the yen lost ground against the USD (a bit), trading up a little above 117.90 and finding sellers holding the line there. As of writing its testing session highs again (for the third time) with the Nikkei 225 +4% on the day.