JiJi is reporting that:
- BOJ is considering measures to reduce its government bond purchases
There was a quick move back to the downside in the USDJPY after testing it earlier-today at 155.734. The price moved down to 155.33 but has since bounced back to 155.53 on the headlines and the trader reaction.
This article was written by Greg Michalowski at www.forexlive.com. Source