USD/JPY trades to a fresh yearly high (151.70) even as the Bank of Japan (BoJ) tweaks its Yield Curve Control (YCC) program, and the exchange rate may track the positive slope in the 50-Day SMA (148.36) as it bounces back ahead of the moving average. USD/JPY on Cusp of Testing 2022 High as BoJ Only Tweaks YCC USD/JPY clears the series of lower highs and lows from last week as the BoJ continues to carry out its non-standard measures, and it seems as though Governor Kazuo Ueda and Co. are in no rush to switch gears as the central bank now plans to ‘conduct yield curve control with the upper bound of 1.0 percent.’ As a ... (full story)