Bank of Japan decides to boost asset purchase program by Y10 trillion (treasury bills by Y5 trillion, and Japanese Goverment Bonds by Y5 trillion). This is the topside of the forecast and slightly unexpected by the market.
This has push usdjpy above 79.00. Earliear heard that exporters were selling usdjpy around 79.00 to 79.20 level.
Reckon USDJPY will be more supported for now. Next upside target could possibly be 80.00.
No comments:
Post a Comment