Yen Surges Most Since 2010 as BOJ Refrains From Adding Stimulus

  • Gain is biggest since day of `flash crash' in U.S. equities
  • Slight majority of economists had predicted some policy action

BOJ Surprise: Kuroda's Act of Market Defiance?

The yen surged by the most since 2010 after the Bank of Japan maintained its record stimulus, surprising traders who had expected additional easing and forcing them to exit bets on declines in the currency.

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