USD/JPY popping higher this time around. Bank of Japan buys:
- JPY375bln 1-3 Year
- JPY425bn 3-5 Year
- JPY425bn 5-10 Year
- JPY75bnln 25+ Year
Earlier from the Bank:
This pop on the news seems a bit of an over reaction this time around. yes, the BoJ bought JGBs. That’s what they do.
This article was written by Eamonn Sheridan at www.forexlive.com.
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