USD/JPY gives back early gains ahead of BoJ-Fed monetary policy decision

USD/JPY Outlook: Yen Recovers as BoJ Holds Rates

The USD/JPY outlook remains mildly positive after the Bank of Japan leaves rates unchanged. Analysts believe the upside may be capped by 145.50, observing a ranging behavior. Geopolitics could boost yen demand amid safe-haven flows. The USD/JPY outlook remains slightly supported as the pair snapped a two-day winning streak after the Bank of Japan left the policy rate unchanged at 0.50%. Earlier this week, the pair saw a rise amid safe-haven flow…

USD/JPY stable while operators await the decision of interest rates - World Stock Market

The USD/JPY remains about 144.20 while the operators expect the Bank of Japan Bank verdict on Tuesday. The divergence of Federal Reserve of the US Federal Reserve supports the fortress of the US dollar against Yen. Any hard line surprise of the BOJ could limit the USD/JPY rise and support YEN’s demand. The Japanese Yen (JPY) remains stable against the US dollar (USD) on Monday while the operators remain out before the Bank of Japan’s policy (BOJ…

USD/JPY gives back early gains ahead of BoJ-Fed monetary policy decision

The USD/JPY pair surrenders its early gains and flattens around 144.15 during European trading hours on Monday. The pair faces selling pressure as the US Dollar (USD) falls back after failing to extend Friday’s recovery move.