USD/JPY Forecast: USD and JPY Volatility After BOJ Actions

From dailyforex.com

The US dollar has experienced considerable volatility against the Japanese yen during Friday's trading session, primarily influenced by the Bank of Japan's decision to loosen monetary control. The bank's flexibility in allowing the yield curve control to reach the 0.5% level has left traders speculating about potential policy changes. Despite the fluctuations, holding US dollars against the Japanese yen remains attractive due to a positive swap rate, which has brought renewed focus on this pairing. While I believe this currency pair will eventually move higher, it's crucial to acknowledge the impact of recent ... (full story)