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CYB - BOJ 'Clarifies' While The Greenback Remains Firm
WisdomTree Chinese Yuan Strategy Fund
Oil, equities, and bonds are stabilizing after yesterday's sell-off.
BOJ Governor Kuroda claimed to simply be clarifying the central bank's stance when it announced that the 10-year yield can move in a 25 bp band around the zero target.
BOJ adjusted its equity purchases.
The US dollar recorded a key upside reversal against the Canadian dollar yesterday by first setting new multiyear lows (~CAD1.2365) and then turning higher and closing above the previous day's high (~CAD1.2495).