Fx Primus Rebates

BOJ ‘tapers’ again at the JGB auction

  The Bank of Japan have cut it purchases of JGBs –  The Bank bought 60bn yen of JGBs with a maturity of 25 – 40 years against the 70bn yen at the previous operation You may recall the first time the BOJ tapered (over a year ago) the yen strengthened. Then again the next…