The Bank of Japan left its JGB buying amounts the same as the previous operation

Bank of Japan buys:

  • JPY375bln 1-3 Year
  • JPY425bn 3-5 Year
  • JPY425bn 5-10 Year

Back in the middle of this month the BOJ trimmed the amount of 5-10 yrs it bought in a scheduled operation., This sent USD/JPY lower, but it bounced back.

This time around USD/JPY had a tiny flutter higher, not a lot in it.

USD/JPY threatening 157.00:

usdyen 157 boj jgb 23 May 2024 2

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