The USDJPY has reached 140.507 and there’s news that the BoJ has chosen not to make any changes to their current monetary policy settings.
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Following the conclusion of the June meeting, the Bank of Japan (BoJ) board members decided to leave their current monetary policy settings unchanged, maintaining rates and 10yr JGB yield target at -10bps and 0.00% respectively.
USD/JPY’s rebound received extra legs on the BoJ’s policy announcements. The pair is currently trading at 140.66, up 0.29% on the day.
USD/JPY: 15-minutes chart
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