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USD/JPY holds firm as US Dollar stays supported after Fed keeps rates unchanged

Summary by FXStreet
The Japanese Yen (JPY) remains under pressure against the US Dollar (USD) on Wednesday, with USD/JPY consolidating gains after the Federal Reserve’s (Fed) monetary policy announcement. At the time of writing, the pair is trading around 153.92, up nearly 1% on the day.
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USD/JPY holds firm as US Dollar stays supported after Fed keeps rates unchanged

The Japanese Yen (JPY) remains under pressure against the US Dollar (USD) on Wednesday, with USD/JPY consolidating gains after the Federal Reserve’s (Fed) monetary policy announcement. At the time of writing, the pair is trading around 153.92, up nearly 1% on the day.

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FXStreet broke the news in on Wednesday, January 28, 2026.
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