Some BoJ attendees likely to say that lifting negative rates would be reasonable in March – Jiji
|Citing sources familiar with the Bank of Japan’s (BoJ) thinking, Jiji News Agency reported on Wednesday that some BoJ members are likely to say lifting negative interest is reasonable at the March policy meeting.
No further details are provided about the same.
Market reaction
The above report put a fresh bid under the Japanese Yen, knocking USD/JPY lower to near 149.50, where it now wavers. The pair is down 0.34% on the day.
Japanese Yen price today
The table below shows the percentage change of Japanese Yen (JPY) against listed major currencies today. Japanese Yen was the strongest against the US Dollar.
| USD | EUR | GBP | CAD | AUD | JPY | NZD | CHF | |
| USD | -0.07% | -0.03% | -0.06% | -0.24% | -0.27% | -0.15% | 0.03% | |
| EUR | 0.09% | 0.06% | 0.03% | -0.14% | -0.17% | -0.05% | 0.13% | |
| GBP | 0.03% | -0.04% | -0.03% | -0.20% | -0.22% | -0.10% | 0.07% | |
| CAD | 0.06% | 0.00% | 0.02% | -0.20% | -0.21% | -0.08% | 0.10% | |
| AUD | 0.26% | 0.19% | 0.23% | 0.19% | -0.01% | 0.11% | 0.29% | |
| JPY | 0.31% | 0.23% | 0.25% | 0.25% | 0.07% | 0.17% | 0.30% | |
| NZD | 0.14% | 0.08% | 0.10% | 0.08% | -0.09% | -0.12% | 0.20% | |
| CHF | -0.04% | -0.11% | -0.07% | -0.09% | -0.28% | -0.30% | -0.18% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR (base)/JPY (quote).
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