USD/JPY popping higher this time around. Bank of Japan buys:
- JPY375bln 1-3 Year
- JPY425bn 3-5 Year
- JPY425bn 5-10 Year
- JPY75bnln 25+ Year
Earlier from the Bank:
![usdyen boj jgb buying 17 May 2024 2](https://images.forexlive.com/images/usdyen%20boj%20jgb%20buying%2017%20May%202024_id_34b131b6-d2fa-4eee-a65c-aec92cef7ef8_size900.jpg)
This pop on the news seems a bit of an over reaction this time around. yes, the BoJ bought JGBs. That's what they do.