USD/JPY bounces off intraday low amid BOJ’s action mode, softer yields despite Coronavirus, Ukraine fears

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USD/JPY bounces off intraday low amid BOJ’s action mode, softer yields despite Coronavirus, Ukraine fears
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USD/JPY bounces off intraday low amid BOJ’s action mode, softer yields despite Coronavirus, Ukraine fears – by anilpanchal7 USDJPY YieldCurve Coronavirus BOJ Ukraine

US 10-year Treasury yields refresh intraday low, extend pullback from six-week high.BOJ undertook two back-to-back unplanned bond purchases in a single day.consolidates the intraday losses around 133.85 during the early hours of the European session on Thursday.

Earlier in the day, the Bank of Japan announced unplanned bond purchase operations twice in a single day. rises to 104.40 while reversing the early Asian session losses and printing the three-day winning streak despite softer US Treasury bond yields. The benchmark US 10-year Treasury yields refresh intraday low near 3.85%, down 3.0 basis points , by the press time.

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