Asian Session – US dollar, euro lose ground against yen ahead of BOJ meeting on Thursday
Posted on November 18, 2013 at 7:39 am GMTThe dollar slipped versus the yen but managed to keep above 100 yen level at 100.01. The dollar lost 0.25%. The Bank of Japan will meet on Wednesday and Thursday, with Governor Kuroda giving a press conference late in the Asian session on Thursday. No change is expected in the nation’s extra-loose monetary policy. The main theme surrounding trading in the dollar was the possibility of a later-than-expected reduction of Fed monetary stimulus following the testimony of Fed President nominee [..]