RTRS:Dollar, euro hold gains vs. yen after Bank of Japan stands pat
(Reuters) - The dollar and euro held their gains against the yen on Thursday after the Bank of Japan kept policy steady as expected, with investors looking ahead to a meeting of Group of 20 nations in the coming days for signals on how long the yen's weak trend might last.
The BOJ also revised up its assessment of the economy, as recent falls in the yen and signs of a pick-up in global growth give it some breathing space after it expanded stimulus just a month ago.
(Reuters) - The dollar and euro held their gains against the yen on Thursday after the Bank of Japan kept policy steady as expected, with investors looking ahead to a meeting of Group of 20 nations in the coming days for signals on how long the yen's weak trend might last.
The BOJ also revised up its assessment of the economy, as recent falls in the yen and signs of a pick-up in global growth give it some breathing space after it expanded stimulus just a month ago.