Flash: USD/JPY rises after BoJ and strong US PMI - UBS

FXstreet.com (Córdoba) - The USD gained broadly on Thursday after the release of the service PMI, which boosted market expectations, according to the UBS team. UBS analysts commented on the USD/JPY, as it jumped over 100.00 after the data.

Key Quotes

"The BoJ earlier in the day confirmed its accommodative stance".

"It virtually limited any potential upside in the JPY by reiterating that it will give additional stimulus, if the economy runs the risk to undershoot the inflation target".