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News

BoJ announces unplanned bond-buying on Friday

Reuters reported earlier that the Bank of Japan (BoJ) announced an unplanned bond purchases operation on Friday.

No further details are provided about the same.

Elsewhere, Japanese Chief Cabinet Secretary Hirokazu Matsuno said that it is “extremely regrettable that China has imposed one-sided border controls against Japan for reasons apparently unrelated to COVID-19 measures.”

Market reaction

Despite a minor uptick in the US Dollar Index and the US Treasury bond yields, USD/JPY is battling 129.00, losing 0.19% on the day.

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