BoJ

USD/JPY gives back the rally from the start of the week as the Federal Reserve still plan to further unwind its restrictive policy in 2025.

With the US Federal Reserve to make its own policy announcement later, the USD/JPY outlook could take a new direction in the near-term, as the pair continues to test a major resistance zone near the 150.00 area.

USDJPY, DXY Forecast: The Bank of Japan (BOJ) held interest rates at 0.5% as expected, amid tariff uncertainties, while the U.S. Dollar Index (DXY) remains near its 2025 lows ahead of the FOMC outlook, keeping markets on edge.

We have two powerhouse central bank meetings lined up over the next 24 hours. While neither the BOJ or Fed are expected to change policy, the FOMC release their updated forecasts which will provide the first glimpse of their expectations of Trump's tariffs. Implied volatility for USD/JPY is, quite rightly, elevated.

With both the Bank of Japan and US Federal Reserve to make policy announcements, the USD/JPY forecast could take a new direction in the near-term outlook, as the pair tests a major resistance zone near the 150.00 hurdle.

USD/JPY may stage a larger rebound ahead of the Bank of Japan (BoJ) meeting as the central bank is expected to keep interest rates on hold.

USDJPY retested the 150 zone for the first time since December 2024, alongside a rise in 10-year government bond yields to 16-year highs. Meanwhile, EURUSD remains above 1.04 ahead of upcoming Flash PMI releases.

The yen’s fate may rest on Friday’s inflation report, with growing evidence that Japan’s economy is running hotter than expected. Are markets underpricing the risk of a BOJ hike?

Japan's Q4 GDP is the latest to data to outperform estimates and, through the lens of CESI (Cit Economic Surprise Index), Japan's data is also outperforming its peers. While USD/JPY is considering a break of 151, I'm on guard for a false break before the real move to 150 materialises.

USDJPY, Gold Forecast: Trade war risks between the world’s two biggest economies, the US and China, weaken the dollar and boost haven momentum on gold, and Yen recharges strength against dollar with rate hike projections.

USDJPY, Gold Forecast: The Japanese Yen stabilizes amid the Bank of Japan's (BOJ) rate hike decision, while gold surpasses the $2,730 barrier eyeing all-time highs.