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 rises ahead of BoJ meeting

The Japanese yen has edged lower on Wednesday. In the North American session, USD/JPY is trading at 154.08, up 0.37% on the day.

18-12-2024 12:22 GMT by Kenneth Fisher

BoJ Rate Hike in Focus: USD/JPY, GBP/JPY Technical Analysis

Markets are pricing in a less than 20% chance of a BoJ rate hike this Thursday, despite earlier expectations of a 70% probability. JPY weakness has resumed as rate hike expectations have fallen, potentially pushing the BoJ to act. USD/JPY shows strong bullish momentum, but a BoJ hike could lead to a significant decline. A surprise rate hike by the BoJ could strengthen the JPY significantly, with more room for gains against the GBP than the USD.

16-12-2024 09:29 GMT by Zain Vawda