Yen Slumped on Unchanged Rate

The Yens fell widely after the bank of Japan at night announced yesterday that decided to carry out their types of interest without changes in 0.25%, lowest between countries industrialized. The expectations for an increase of the tariff in this meeting had descolorado far early this week already, since several officials and Japanese means of the government indicated the government recently worried raising tariffs could prevent too much early the economic development. There was only one certain speculation that the bank could make an independent decision. The Yens were debilitated more far after it left the decision the tariff really as dissapointing as hoped. The dollar broke the level of dominant resistance in 121 against the Yens, whereas sterling the ascending ones to a high year of 7 ½ in 240 against the Yens. The economic report of BOXWOOD demonstrated that the growth and the inflation have been slower than the prognoses done in October. President Fukui of BOXWOOD said after the policy meeting that the recent economic data are mixed, and of adjustments at the levels of the type of interest he will be gradual. The Yen is probable to continue being weak because the type of interest is not going to improve perceivably in the near term. USDJPY finds resistance of the temporary one in 121.50, moved backwards by 121,80 and 122. The subsequent ceilings will emerge in 122.30, followed by 122.50. By the disadvantage, the aid begins in 121 and 120.70, followed by 120.50. The additional floors eyed in 120.30, moved close and 120 backwards.