USD/JPY has breached the 144.00 level amidst dovish signals from the Bank of Japan, underscoring that its rate hike cycle may be nearing conclusion. This development has provoked notable movements in the currency market. Analysts at BBH note that investors are now adjusting their expectations regarding future earnings. As the yen’s weakness contrasts with the strengthening dollar, traders are advised to adapt their strategies accordingly. The market remains dynamic, and keeping tabs on central bank announcements will be key in understanding further price changes for this pair.