BoJ: Will conduct additional long-term bond purchases on Monday

The Bank of Japan (BoJ) announced on Friday that it will conduct additional long-term  Japanese Government Bonds (JGB) purchases on Monday.

“The amount to be bought will be based on prevailing market conditions,” the BoJ added.

Market reaction

USD/JPY keeps pushing lower, as the US Dollar resumes its downtrend so far this Friday. The pair is down 0.77% on the day to trade at 128.22, as of writing.