DCFX-TA

USDJPY | Market outlook

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DCFX-TA Updated   
OANDA:USDJPY   U.S. Dollar / Japanese Yen
  • The Bank-of-Japan after concluding a two-day monetary policy review meeting on Friday, kept its monetary policy settings unchanged as widely expected.

  • BoJ kept its 10-year Japanese Government Bond (JGB) yield target around 0% and a short-term interest rate target at -0.1%.

  • The central bank extended the pandemic-relief program beyond the current September deadline by six months to March 2022.
Comment:
Market may get mitigated.
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