CAD/JPY scales 3-week peak as BoJ abandons negative rates
March 19, 2024 11:07 am
The CAD/JPY currency pair registered a fresh three-week high on Tuesday, after the Bank of Japan put an end to an eight-year period of negative interest rates and ahead of Canada’s CPI report. The BoJ raised its short-term interest rate to 0%-0.1% from -0.1% at its March meeting, in line with market expectations. It has […] Read more