Yen crosses spike after BOJ announces increase in bond buying

Ivan Delgado Independent Analyst

Yen crosses have seen a spike (now fully reversed) after BOJ announced an increase in bond purchases.

BOJ bought 500 bn yen of 5 to 10 yr JGBs, which represents an increase of 50bn yen from the last 450bn operation.

Author

Ivan Delgado

Independent Analyst

Established in the Asian continent since 2009, Ivan studied a degree in Business at the University Pompeu Fabra (Barcelona), while also earning a postgraduate degree in Business Administration.

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