USD/JPY jumped back to 150 on the Bank of Japan statement ...Middle East

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USD/JPY jumped back to 150 on the Bank of Japan statement
source : forex live ( Middle East ) () 31
The last time the Bank of Japan allowed an expanded range for the 10 year JGB yield tolerance band the Bank explained this was to make ultra-easy policy more sustainable. Today the BOJ set the 1% cap more firmly in place, cementing that reasoning, it looks like loose policy is set in place for still some time to come. USD/JPY was marked higher, 1-minute bars to give you a picture of the response: This article was written by Eamonn Sheridan at www.forexlive.com.

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