Bank of Japan (BOJ), on Monday, increased purchases of Japanese government bonds (JGBs) maturing in 5-10 years to 420 billion yen from the previous purchases worth 400 billion yen. The uptick in purchases is part of routine operations and does not represent additional easing. The BOJ has been running a yield curve control since 2016. Under the program, the central bank adjusts purchases of bonds as and when needed to keep the 10-year yield around 0%. USD/JPY is currently trading near 107.65, representing a 0.17% gain on the day. The yen is being offered against most majors as stocks are flashing green despite the lingering coronavirus concerns. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Bitcoin Price Analysis: BTC sellers continue to lurk above $9100 on the road to recovery FX Street 3 years Bank of Japan (BOJ), on Monday, increased purchases of Japanese government bonds (JGBs) maturing in 5-10 years to 420 billion yen from the previous purchases worth 400 billion yen. The uptick in purchases is part of routine operations and does not represent additional easing. The BOJ has been running a yield curve control since 2016. Under the program, the central bank adjusts purchases of bonds as and when needed to keep the 10-year yield around 0%. USD/JPY is currently trading near 107.65, representing a 0.17% gain on the day. The yen is being offered against most majors as stocks are… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
