Bank of Japan (BoJ) news

The Bank of Japan (BoJ) is the central bank of Japan. It conducts monetary policy to achieve price stability and financial system stability. The BoJ employs various tools, including quantitative easing and yield curve control, to influence economic activity and promote sustainable growth in Japan.

USD/JPY: Potential minor top at 155.30, USD at risk of bearish reversal towards 154.20/153.65
USD/JPY has surged to a 10-month high as the yen remains the weakest major currency, driven by political pressure for looser policy and rising intervention risk. Verbal warnings from Japan’s Finance Minister and today’s closely watched Ueda–Takaichi meeting could spark sharp volatility. Technical signals now point to fading upside momentum and the potential for a short-term bearish reversal.
by Kelvin Wong
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