USD/JPY Price Analysis: Yen Gains Amid BoJ’s Policy Shift

<div><img width="838" height="554" src="https://www.forexcrunch.com/wp-content/uploads/2022/11/Screenshot_2.jpg" class="type:primaryImage wp-post-image" alt="my USD/JPY price analysis outlook forecast" style="margin-bottom: 15px;" decoding="async" fetchpriority="high" srcset="https://www.forexcrunch.com/wp-content/uploads/2022/11/Screenshot_2.jpg 838w, https://www.forexcrunch.com/wp-content/uploads/2022/11/Screenshot_2-300×198.jpg 300w, https://www.forexcrunch.com/wp-content/uploads/2022/11/Screenshot_2-150×99.jpg 150w" sizes="(max-width: 838px) 100vw, 838px" /></div>
<p>The BoJ decided to maintain its ultra-easy monetary settings. There is a growing likelihood of Japan achieving the bank’s 2% inflation target sustainably. Japan’s spring wage increases might exceed last year’s 30-year high of 3.58%. The USD/JPY price analysis on Tuesday displayed a bearish tone as the Japanese yen changed its course, gaining strength. The…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2024/01/23/usd-jpy-price-analysis-yen-gains-amid-bojs-policy-shift/">USD/JPY Price Analysis: Yen Gains Amid BoJ’s Policy Shift</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>