USD/JPY Remains Stable Post Bank of Japan Decision

After the Bank of Japan’s decision to maintain its policy rate at 0.5%, the Japanese Yen (JPY) showed minimal movement against the US Dollar (USD). USD/JPY traded at 144.46, slightly lower than the previous 145 levels.

This decision has resulted in a drop in JGB futures by around 0.1%. Traders should monitor upcoming economic reports and global events that could influence the currency pair’s performance.