Breaking: USD/JPY slips as BOJ leaves policy settings unadjusted

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Breaking: USD/JPY slips as BOJ leaves policy settings unadjusted
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Breaking: USD/JPY slips as BOJ leaves policy settings unadjusted – by FXstreetNews Breaking BOJ CentralBanks USDJPY InterestRate

vote was 8 to 1, leaving its pledge to buy JGBs unchanged so that its holdings increase at an annual pace of around 80 trln yen.The yen caught a fresh bid on the expected BOJ announcement, smashing the USD/JPY pair down to test the 138.00 level. The pair was last seen trading flat on the day at 138.25.. Generally, if the BoJ is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the JPY.

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