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- BoJ dissapoints so far. Usd/JPY down 300 pips. Up next the press conference
BoJ dissapoints so far. Usd/JPY down 300 pips. Up next the press conference
The Bank of Japan taken further steps to mitigate the monetary policy. The volume of purchases of assets will remain at 80 trillion yen per year. The volume of lending program will increase to $ 24 billion. Annual ETF purchases will increase to 6.0 trillion yen from 3.3 trillion yen. The decision to increase the volume of ETF purchases was adopted by 7 votes to 2. The head of the Bank of Japan Kuroda published an overall assessment of policy easing measures on the next meeting. The volume of lending program now stands at 12 billion dollars.
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