Japan considering a further JPY 10 trln stimulus package

Reuters quoting Japanese government sources 27 June 2016

  • package to be drawn up later this year

News just on their wires but may have already been out there judging by the yen-pair rallies in past hour.

Having said that it's not entirely new news given the on-going conjecture of the past months but it's the top end of the JPY 5-10 trln package rumoured so far.

USDJPY currently 102.07 having failed three times to break 102.20. Expect more sellers behind there into 102.50

Best in 2026

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access