Japan Feb 14 BoJ Interest Rate Decision remains at 0.1%

Feb 14, 2013

Forex: AUD/NZD feels selling pressure below 1.2250

Continued Kiwi strength, strongest currency among majors for last few days, printing fresh highs since Sept 2011 at recent session highs 0.8492, is draging AUD/NZD down with it, as the cross has just touched fresh lows since June 2010 at 1.2194 during early Asia-Pacífic trade, down -0.94% already for the week.

BoJ keeps size of asset purchases program at Y101 trillion

The BoJ has made public its monetary decision, and as expected it held interest rates steady at 0.10%. In the statement, no new easing measures were announces, also largely expected by the market, following a rare back to back easing in the past two meeting, and as market awaits the appointment of a new governor sometime next month.