BoJ Shocked Markets, Stocks Soared and Yen Dived BoJ shocked the financial markets by announcing additional easing last week and overwhelmed all other major events. Yen tumbled sharply against all major currencies and reached a s seven year low against dollar. That also pushed Nikkei soared to close at 16413.76, at a seven year high. Risk appetite was also give a strong boost globally as DJIA closed at record high of 17390.52. S&P 500 also had a record close of 2018.05. In the currency markets, Aussie was marginally stronger than dollar as the strongest currency. Dollar followed as was boosted by more hawkish than expected FOMC statement. In particular, EUR/USD dropped through 1.2500 level to resume recent down trend. Full Report Here... |   
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