USD/JPY: No reaction to BOJ's decision to cut its routine buying of long-dated bonds
Friday, 19 April 2019 09:19 WIB | CURRENCIES |USDUSD/JPY,JPY,

USD/JPY pair is currently trading at 111.93, having clocked a 112.00 earlier today.

The Bank of Japan (BOJ) cut its purchases of bonds with maturities between 10 and 25 years to ¥160 billion, down ¥20 billion from the previous ¥180 billion.

The central bank has also trimmed purchases of bonds with maturities between 25 and 40 years to ¥40 billion from ¥50 billion previous.

The central bank's decision to trim bond purchases is a part of its routine operations to keep the benchmark yield near zero levels. The BOJ steps up purchases when there is upward pressure on yields and trims purchases when the yields are feeling the pull of gravity. 

Source : Fxstreet

RELATED NEWS

AUD/JPY flashes fresh 3-week low after AU employment, Japanese GDP
Thursday, 14 November 2019 08:52 WIB

While the US-China trade stalemate was already exerting downside pressure on the AUD/JPY pair, a surprise negative reading of Australian employment change figure drags the quote down to 74.00 by the press time of Thursday™s Asian session. Australia™s October month seasonally adjusted Employment...

U.S. Dollar Flat After Powell Comments
Wednesday, 13 November 2019 23:30 WIB

The U.S. dollar was unmoved on Wednesday after prepared remarks from Federal Reserve Chairman Jerome Powell. Powell, who is testifying in front of Congress, said that while the economy is on track right now, there are risks to the current economic expansion. œWe see the current stance of monetar...

Sterling Steady as Hopes of Tory Election Win Overshadows Weak Data
Wednesday, 13 November 2019 16:53 WIB

The pound was slightly weaker against the U.S. dollar on Wednesday and stable against the euro, as weak economic data, which should hurt sterling, is more than offset by supportive political developments in Britain. Average weekly earnings rose at a weaker pace in the three months to September in t...

EUR/USD defends 1.1000 ahead of key data, Powell's testimony
Wednesday, 13 November 2019 13:20 WIB

EUR/USD trades better bid above the 1.10 handle ahead of the European open, having defended the last on several occasions in the overnight trades, Bears now await the key US inflation report and Federal Reserve (Fed) Chair Powell™s testimony for the next push lower.  EUR/USD: 5-DMA at 1.1025...

Dollar holds gains as investors cling to trade hopes
Wednesday, 13 November 2019 08:25 WIB

The dollar clung to most of its recent gains on Wednesday after U.S. President Donald Trump said a trade deal with China was œclose but offered no new details on negotiations to send the greenback higher. Hopes for an imminent a deal to wind back tit-for-tat tariffs the world™s two largest e...

POPULAR NEWS
Monday, 11 November 2019 15:32
Hong Kong Stocks End With Steep Losses
Tuesday, 12 November 2019 07:50
Asia shares turn sluggish ahead of Trump speech
ANOTHER NEWS
Gold Holds Gain as U.S.-China Trade Deal Optimism
Thursday, 14 November 2019 09:28 WIB Emas menahan gainnya karena para investor mengkaji kekhawatiran atas kemungkinan kesepakatan perdagangan AS-China diikuti komentar dari Ketua Federal Reserve Jerome Powell mengenai kebijakan moneter. Sementara Presiden Donald Trump mengatakan...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.