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Tuesday, January 9, 2018

The spike in JPY today only a taste of what is to come when the BOJ removes stimulus

January 09, 2018 0 comments
USD/JPY fell by up to 0.5% after the BOJ announced "tapering" to its JGB purchases earlier today The BOJ announced that they would trim purchases of 10 to 25-year debt to ¥190 billion (compared with the ¥200 billion previously), and also scaled back on purchases of 25-years+ bonds to ¥80 billion (compared to the ¥90
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