Daily Market Updates: A BoJ hold is expected Friday after the Yen gives back half its gain

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A BoJ hold is expected Friday after the Yen gives back half its gain

Reported · Written up by our desk · Major Pairs

Monday's rise won back about half of what USD/JPY lost on October 22 and 23. Yen buying in Tokyo had taken it through 157.00 to its lowest since September 18. On Monday it rose from just above 156.50 to just above 157.50 and ended near its high for the session, two days before the Fed's decision.

Latest closeUSD/JPY 157.56 ▲0.5%

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Sources

FXStreetA BoJ hold is expected Friday after the Yen gives back half its gain

Forex

A BoJ hold is expected Friday after the Yen gives back half its gain

More like this

Sources

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