Yen Strengthens Despite Unchanged BOJ Monetary Policy

<p><img width="506" height="338" src="https://www.actionforex.com/wp-content/uploads/tag-images/jpy4.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/tag-images/jpy4.jpg 506w, https://www.actionforex.com/wp-content/uploads/tag-images/jpy4-300×200.jpg 300w" sizes="(max-width: 506px) 100vw, 506px" /></p>
<p>USDJPY fell on Tuesday after BoJ kept ultra-low rates unchanged, as yen strengthened on growing hopes that the central bank will start tightening policy soon. Fresh dip comes after a triple daily Doji candle, which signaled strong indecision and generating an initial signal that larger uptrend is stalling, and reversal may follow. Fading bullish momentum […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/536474-yen-strengthens-despite-unchanged-boj-monetary-policy/">Yen Strengthens Despite Unchanged BOJ Monetary Policy</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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