Bank of Japan offers to buy up to 750bn yen of 3-5 year JGBs, up from 725bn

Reuters reporting that:

• Bank of Japan widens range of 3-5 year bond buying, offering to buy
  as much as 750 bln yen each time, up from 725 bln yen

I think saying ‘widens range’ might be taken the wrong way – but the amount is boosted.

The BOJ decision is here:

• BOJ announce no change to yield curve control (YCC) and no monetary policy change

USD/JPY all over the place but higher than going into the announcement

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This article was written by Eamonn Sheridan at www.forexlive.com. Source