BoJ announces unscheduled bond buying operation

The Bank of Japan (BoJ) announced on Monday that it will conduct an unscheduled bond operation, offering to buy 3 trillion yen of bonds (JGBs) in an agreement starting on Tuesday and ending on Thursday. 

Market reaction

The Japanese Yen is little affected by the BoJ announcement. At the time of writing, USD/JPY is trading 0.45% higher on the day at 149.20.