Yen weakening after the Bank of Japan left its short term cash rate unchanged at its meeting yesterday.
ForexLive Asia-Pacific FX news wrap: Bank of Japan leaves rates unchanged, yen slumpsForexLive European FX news wrap: Yen tumbles on Ueda, BOE keeps rates steady
Despite inflation moving solidly higher:
Japan November headline CPI +2.9% (expected +2.9%, prior 2.3%)
This article was written by Eamonn Sheridan at www.forexlive.com.
