# Yen hits 5-day high as BoJ trims buying in long-dated JGBs - The HinduBusinessLine

> The yen rose as much as 0.5 percent to 112.50 per dollar after the Bank of Japan trimmed purchases of long-dated JGBs. Analysts said the move was largely technical but raised speculation that the BoJ could begin unwinding stimulus later in 2018.

- Date: 2018-01-09 · published 2018-01-09T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/67213-yen-hits-5-day-high-as-boj-trims-buying-in-long-dated-jgbs-the-hindubusinessline
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Expectations of BoJ tightening support the yen against the dollar, which can ease dollar-denominated input costs for importers. The effect on feed commodities is limited.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/markets/forex/yen-hits-5day-high-as-boj-trims-buying-in-longdated-jgbs/article10021844.ece

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