BOJ trims JGB purchases today, USD/JPY eases-off 109.80

The Bank of Japan (BOJ) said in a statement released last minutes, via Reuters, it purchased JPY 410bn yen in 5-10yr Japanese Government bonds (JGBS) versus JPY 440bn JGBs bought in the previous operation.

 USD/JPY is seen extending its retreat on the BOJ headlines, having faced rejection once again near 109.80 levels.