OctaFX | OctaFX Forex Broker
Open trading account

BOJ buys JPY 100bn JGBs of 3-5 year and 5-10 year maturity

The Bank of Japan (BOJ) announced on Tuesday, it offers to buy JPY 100bn worth of Japanese Government Bonds (JGBs) of 3-5 years and 5-10 years maturity.

This comes after the central bank increased the pace of the ETF purchases to tackle the coronavirus-led economic fallout.

USD/JPY reaction

USD/JPY extends its rebound above 107.00 amid a sharp recovery in the risk sentiment, with S&P 500 futures up nearly 4%.

PBOC sets Yuan reference rate at 7.0094

The People's Bank of China (PBOC) has set the Yuan reference rate at 7.0094 versus Monday's fix at 7.0018.
Read more Previous

AUD/NZD Price Analysis: Slips below 1.0100 on New Zealand coronavirus package

Having witnessed another effort from New Zealand (NZ) to counter negative implications from the coronavirus (COVID-19), AUD/NZD drops further below 1.
Read more Next
Start livechat