BOJ increases purchases of 10-25-year JGBs to JPY 120bn
|At its routine bond market operation on Monday, the Bank of Japan (BOJ) increased their buying amounts of the 10-25-year maturity Japanese Government Bonds (JGBs) to JPY120 billion.
The Japanese central bank kept the buying of 25+-year JGBs steady at JPY30 billion.
At the previous operation for 10-25-year JGBs the BOJ bought JPY100bn.
JPY under pressure
The selling interest around the yen seems to have picked up pace on the above news, lifting USD/JPY to a fresh session high near 109.80, where it now wavers.
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