# Yen steady on Bank of Japan move

> The yen held steady at 107.36 per dollar in Asia after the Bank of Japan removed limits on government bond purchases and increased corporate debt buying. The yen was near its strongest level in three years against the euro.

- Date: 2020-04-27 · published 2020-04-27T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/53860-yen-steady-on-bank-of-japan-move
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Looser BOJ policy and a stable yen have limited direct impact on feed prices, though a weaker dollar can modestly support dollar-denominated commodities.

## Read by commodity

- USDJPY: neutral

## Sources

- thestandard.com.hk: https://www.thestandard.com.hk/finance/article/146346/Yen-steady-on-Bank-of-Japan-move

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.