menu search

USD/JPY making a fresh low for the day under 127.50. BOJ meeting this week - YCC changes?

USD/JPY making a fresh low for the day under 127.50. BOJ meeting this week - YCC changes?

The Bank of Japan was in the JGB market again today, buying bonds in an attempt to drop yields. The BOJ raised the permitted 'ceiling' on 10 year JGBs to 0.5%, from 0.25%, at its December meeting. That 0.5% was breached higher again today (it was on Friday also).

Posted: Jan 16 2023, 02:51
Author Name: forexlive
Views: 110675

Search within

Pages Search Results: