Yen Steady After Brief Ripples from BoJ, Dollar Softens Mildly

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2022/10/f-jpy182.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2022/10/f-jpy182.jpg 612w, https://www.actionforex.com/wp-content/uploads/2022/10/f-jpy182-600×400.jpg 600w, https://www.actionforex.com/wp-content/uploads/2022/10/f-jpy182-150×100.jpg 150w, https://www.actionforex.com/wp-content/uploads/2022/10/f-jpy182-300×200.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Yen weakened momentarily after BoJ left monetary policy unchanged as widely expected, but swiftly regained stability. This quick recovery underscores the market’s assessment that the conditions for a BoJ rate hike in April remain intact. This viewpoint is bolstered by unchanged CPI core-core forecast, which holds steady at 1.9% for the upcoming two fiscal years. […]</p>
<p>The post <a href="https://www.actionforex.com/action-insight/market-overview/536398-yen-steady-after-brief-ripples-from-boj-dollar-softens-mildly/">Yen Steady After Brief Ripples from BoJ, Dollar Softens Mildly</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>