BoJTapering

The US Dollar fell sharply against the Japanese Yen yesterday in response to the Bank of Japan’s announcement that it will reduce its purchase of long term bonds. The BOJ announced that it will cut it's purchases of 10 – 25 yr JGB’s to 190bln Yen and 80bln Yen respectively. The move is particularly interesting as, over recent weeks, traders have...

2018-01-17 James Harte Read more