Yen Traders Exercise Caution Ahead of BoJ

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2023/01/f-jpy187.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2023/01/f-jpy187.jpg 612w, https://www.actionforex.com/wp-content/uploads/2023/01/f-jpy187-600×400.jpg 600w, https://www.actionforex.com/wp-content/uploads/2023/01/f-jpy187-150×100.jpg 150w, https://www.actionforex.com/wp-content/uploads/2023/01/f-jpy187-300×200.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Japanese Yen is extending its broad-based pullback today. This movement appears to be a strategic response from traders lightening their positions in anticipation of the upcoming BoJ policy decision. Although a rate hike by the BoJ seems highly unlikely at this stage, there is speculation about potential adjustments in the central bank’s communication. These changes […]</p>
<p>The post <a href="https://www.actionforex.com/action-insight/market-overview/532299-yen-traders-exercise-caution-ahead-of-boj/">Yen Traders Exercise Caution Ahead of BoJ</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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