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China NBS Manufacturing PMI came in at 50.8 below forecasts (51.1) in October

FXStreet.com (Barcelona)

Session Recap: When money comes from Japan; EUR/USD at 14-month low, USD/JPY 7-year highs

Big news today at 4:30 pm Tokyo time; 3:30 am time in New York: The Bank of Japan announced a surprising expansion of its monetary easing program from ¥60-70-trillion to a total of¥80-trillion annually. The market went wild; EUR/USD dropped to 14-month lows, USD/JPY and Nikkei climbed to nearly 7-year highs.
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