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Yen soars after BOJ refrains from further easing

Friday, June 17, 2016 - 05:50
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The yen surged by more than 2 per cent against the US dollar on Thursday to hit a 22-month high, after the Bank of Japan held off from expanding its monetary stimulus programme and the US Federal Reserve struck a cautious tone.

London

THE yen surged by more than 2 per cent against the US dollar on Thursday to hit a 22-month high, after the Bank of Japan held off from expanding its monetary stimulus programme and the US Federal Reserve struck a cautious tone.

The safe-haven yen, which also hit multi-year

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