BoJ increases the amount of JGB buys to JPY 480 bn, Yen unfazed

The Bank of Japan (BoJ) announced an increase in the amount of purchases of the Japanese Government bonds (JGBs) that have 5 to 10 years remaining until maturity from JPY 430 billion to JPY 480 billion.

Nothing further is reported on the same.

The USD/JPY pair had little impact on the above headlines, keeping its range near 111.80, down -0.9% so far.

AUD/NZD threatening the downside support level but not enough steam

Overnight, the AUD/NZD extended post-RBA gains to 1.0437, but the cross has dropped in Tokyo on the GDP data, but the downside is limited considering
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EUR/AUD bounces off 50-day SMA after Aussie GDP, focus on ECB

The Australian Dollar (AUD) trades around 1.6010 against the EUR during early Asian session on Wednesday. The EUR/AUD pair rose 30 pips to the intra-d
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