#USDJPY @ 130.727 Breaking: BoJ stands pat on yield control policy, rockets
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At its first monetary policy meeting of this year, the Bank of Japan (BoJ) board members decided to make no changes to their monetary policy settings in December, maintaining rates at -10bps and 10yr JGB yield target unchanged at 0.00%.
USD/JPY storms through the 130.00 level on BoJ’s inaction. The pair is currently trading at 130.20, adding 1.57% on the day.
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