Currencies News

Yen Declines to Six-Year Low on BOJ Monetary Easing; Ruble Drops

9:12 am ET

The yen weakened beyond 111 per dollar for the first time in more than six years after the Bank of Japan unexpectedly increased monetary stimulus that tends to devalue the currency.

Tiger’s Robertson Calls Monetary Policy Like Japan’s ‘Dangerous’

8:46 am ET

Julian Robertson, the billionaire founder of Tiger Management LLC, called global monetary policy, such as Japan’s surprise expanded stimulus today, dangerous as central banks push bond yields down and create a bubble.

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