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BOJ Tweaked Bond Purchase Impacting Yen

Jan. 09, 2018 9:34 AM ETYCL, YCS, JPYSBy: Gaurav Batavia, SA News Editor
  • The surprise trimming of long-dated government bond purchases by Japanese Central Bank led yen to hit 5-day peak against dollar fuelling speculation that BOJ may wind its massive Quantitative Easing program.
  • At 14:00 GMT, the USD/JPY is trading at 112.66 Yen, down 0.41% and Euro hits 10-day low at 1.1925 against dollar as EUR/USD is still heavily dependent on dollar sentiment and factors impacting the greenback.
  • Source: Investing.com
  • ETFs: YCS, JPYS, YCL

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