Just a 2 weeks back, Bank of Japan (BOJ) announced negative interest rates that made USDJPY shoot up massively. You can read this post where I provide the details on what happened when BOJ announced negative interest rates. But those high levels made by USDJPY were not sustainable. It was fell down after a few… Continue reading How To Trade USDJPY Naked And Make 1000 Pips?
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Trading Bank Of Japan Negative Interest Rate Announcement
Bank of Japan surprised the markets today with its negative interest rate decision. USDJPY shot up more than 300 pips on the BOJ announcment. What does negative interest rates means? https://www.youtube.com/watch?v=9n5hBJczi6Y Markets were surprised. BOJ had previously announced that it wont make the rates negative. The central bank released a question-and-answer format statement to explain… Continue reading Trading Bank Of Japan Negative Interest Rate Announcement