USD/JPY Price Analysis: BoJ Maintains Policy, Yen Plummets

<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 Bank of Japan maintained its ultra-loose monetary policy on Tuesday. Some investors were waiting for indications of a potential shift away from negative interest rates. Some Fed officials are pushing back against market expectations of an imminent rate cut. The USD/JPY price analysis turned bullish on Tuesday after the Bank of Japan upheld its…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2023/12/19/usd-jpy-price-analysis-boj-maintains-policy-yen-plummets/">USD/JPY Price Analysis: BoJ Maintains Policy, Yen Plummets</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>