Yen continues Climbs Up – Volatility Alert 7/29/2016

The article originally appeared on Oil-Trading.CO at http://www.oil-trading.co/the-oil-blog/yen-continues-climbs-up-volatility-alert-7292016
BOJ’s Fresh Easing Excludes Bond Purchase Program

The yen surged as much as 2.5 percent versus the dollar after the Bank of Japan refrained from expanding …
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The article originally appeared on Oil-Trading.CO at http://www.oil-trading.co/the-oil-blog/yen-continues-climbs-up-volatility-alert-7292016
BOJ’s Fresh Easing Excludes Bond Purchase Program

The yen surged as much as 2.5 percent versus the dollar after the Bank of Japan refrained from expanding the government bond purchases that have been the mainstay of its unprecedented monetary stimulus.

The Japanese currency advanced against all 31 of its major peers Friday after BOJ Governor Haruhiko Kuroda and his board increased purchases of exchange-traded funds to 6 trillion yen ($