The USD/JPY declined by 0.05% on Monday. Partially reversing a 0.20% gain from Friday, the USD/JPY ended the day at 150.108. The USD/JPY rose to a high of 150.192 before falling to a Monday session low of 149.873. Bank of Japan and the Exit from Negative Rates Last week, Q4 GDP numbers revealed the Japanese economy fell into a technical recession. Despite the weaker-than-expected Q4 GDP numbers, investors expect the Bank of Japan to pivot from negative rates. Economists remained focused on forward-looking indicators and the spring wage negotiations. Private consumption contributed to the unexpected economic ... (full story)