USD/JPY taking a peek above 149.90

<p>Earlier in the session the Bank of Japan once again took steps to keep it easy policy easy:</p><ul><li><a href="https://www.forexlive.com/centralbank/boj-will-extend-5-year-loans-to-financial-institutions-effort-to-contain-elevated-yields-20231020/" target="_blank" rel="follow" data-article-link="true">BOJ will extend 5-year loans to financial institutions, effort to contain elevated yields</a></li></ul><p>It doesn't take much for traders to take such moves on board and once again look at the interest rate differential between the US and Japan that's driven USD/JPY towards 150. </p><p>Having another look:</p>

This article was written by Eamonn Sheridan at www.forexlive.com.