USD/JPY Forecast: Yen Stalls with Japanese Markets on Holiday

<div><img width="400" height="267" src="https://www.forexcrunch.com/wp-content/uploads/2021/08/USD_CAD_Loonie_Flags.jpg" class="type:primaryImage wp-post-image" alt="my USD/CAD forecast" decoding="async" style="margin-bottom: 15px;" srcset="https://www.forexcrunch.com/wp-content/uploads/2021/08/USD_CAD_Loonie_Flags.jpg 400w, https://www.forexcrunch.com/wp-content/uploads/2021/08/USD_CAD_Loonie_Flags-300×200.jpg 300w, https://www.forexcrunch.com/wp-content/uploads/2021/08/USD_CAD_Loonie_Flags-150×100.jpg 150w" sizes="(max-width: 400px) 100vw, 400px" /></div>
<p>Markets are awaiting the BOJ policy meeting. The yen has fallen by 1.3% following Ueda’s remarks about an early move from negative rates. US Treasury yields have been rising due to the expectation of the Fed keeping rates high for longer. Today’s USD/JPY forecast is flat as the yen stalled, with markets in Japan closed…</p>
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