The spike in JPY today only a taste of what is to come when the BOJ removes stimulus - ConsultFX

The spike in JPY today only a taste of what is to come when the BOJ removes stimulus

USD/JPY fell by up to 0.5% after the BOJ announced "tapering" to its JGB purchases earlier today The BOJ announced that they would trim purchases of 10 to 25-year debt to ¥190 billion (compared with the ¥200 billion previously), and also scaled back on purchases of 25-years+ bonds to ¥80 billion (compared to the ¥90 Copyright 2015 Forexlive.com