Forex Flash: BoJ has ambitions for expansion – UBS

FXstreet.com (Barcelona) - Given the audacity of the easing announced on Thursday by the Kuroda-led BoJ, questions are naturally being asked about the Bank's capacity to execute what has been promised. According to Research Analyst Gareth Berry at UBS, “The overnight volatility in the JGB market also suggests a closer look is warranted.

As recent data suggests, the JGB market has ample room to facilitate the BoJ's. Indeed, both the Fed and the Bank of England currently hold a far greater share of their domestic markets than the BoJ.