Bank of Japan intends to pre-start open asset acquisition

hpc

Member
97 0
According to the Asahi Shimbun reported the Bank of Japan will consider advancing the implementation of the open asset purchase program began in 2014. Asahi Shimbun not reveal their sources.
Haruhiko Kuroda, president of the Bank of Japan has said, Bank of Japan may be ahead of the implementation of this plan, Bank of Japan to consider expanding 2014 start of each month to buy 13 trillion yen asset size.

By HPC Forex.
 

TheLastBear

Active member
125 2
According to the Asahi Shimbun reported the Bank of Japan will consider advancing the implementation of the open asset purchase program began in 2014. Asahi Shimbun not reveal their sources.
Haruhiko Kuroda, president of the Bank of Japan has said, Bank of Japan may be ahead of the implementation of this plan, Bank of Japan to consider expanding 2014 start of each month to buy 13 trillion yen asset size.

By HPC Forex.

Unfortunately, at least in my opinion, the Bank of Japan are allowed to manipulate their currency just like others have. I almost stopped trading the Japanese Yen altogether for now due to the BoJ and their new agenda.

It would be nice to have a huge global institution which would act against central banks so that currencies wont be impacted. BRICS has agreed to a $100 Billion currency fund in order limit impacts of stupidity thanks to central banks.
 
 
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