USD/JPY attempts to retrace the decline following the Federal Reserve interest rate decision as the Bank of Japan (BoJ) sticks to Quantitative and Qualitative Easing (QQE) with Yield-Curve Control (YCC), and the exchange rate climb towards the monthly high (148.35) as it carves a series of higher highs and lows. US Dollar Forecast: USD/JPY Rebound Pulls RSI Out of Oversold Zone USD/JPY trades to a fresh weekly high as the BoJ pledges to ‘achieve the price stability target of 2 percent in a sustainable and stable manner,’ and it seems as though the central bank is in no rush to switch gears as Governor Kazuo Ueda and ... (full story)