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Dollar Yen steady at 95.00 after prior gains on BOJ Minutes

Posted by Chris Advincula on Jun 14, 2013 7:13:00 AM

June 14 Friday 11:20 GMT

LONDON - Dollar-Yen is taking a breather and moved sideways in a consolidation stage in Europe within a 70 pip range between 95.35 and 94.65 after it made some gains once again in the prior Asian session after the Bank of Japan minutes. In the BOJ minutes, one of the policy members said that the BOJ should specify a two-year limit for its unprecedented monetary easing to help quell bond market volatility.

 

Chris Advincula

WorldWideMarkets

 

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Chart: FXTrek.com

 

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