The Bank of Japan (BoJ) lowered purchases of longer-dated Japanese government bonds at its regular operations this morning, notes the research team at Danske Bank. Key Quotes “The BoJ cut buying in the 10-25Y segment by JPY10bn and also cut buying in the ultra-long end with maturities beyond 25Y by JPY10bn from JPY70bn to JPY60bn. It is the fourth time since May where the BoJ has cut its overall purchases.” “The reduction in the purchases was widely expected in the market and comes after substantial flattening pressure on the government bond yield curve and rally in USD/JPY, which broke above 112 last week.” 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 EUR/USD eases from tops, back around 1.1640 FX Street 5 years The Bank of Japan (BoJ) lowered purchases of longer-dated Japanese government bonds at its regular operations this morning, notes the research team at Danske Bank. Key Quotes "The BoJ cut buying in the 10-25Y segment by JPY10bn and also cut buying in the ultra-long end with maturities beyond 25Y by JPY10bn from JPY70bn to JPY60bn. It is the fourth time since May where the BoJ has cut its overall purchases." "The reduction in the purchases was widely expected in the market and comes after substantial flattening pressure on the government bond yield curve and rally in USD/JPY, which broke above… 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.
