BoJ hawkish hold lifts USD/JPY near 157.30
The Bank of Japan kept rates unchanged but signaled ongoing tightening, upgraded its inflation outlook and sees upside inflation risks, leaving USD/JPY trading heavy near 157.30.
Original · FXStreet AI summary of public reporting
Why: BoJ hawkish hold and higher inflation outlook → JPY pressured
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At publication → CurrentJPY157.08 → 157.24+0.1%