BoJ shows uncertainty, Yen Weakens

The BoJ indicated that it was not ready to hike rates further if the market continues with volatility

On release of the news, the Yen weakened, with the USDJPY rising to test the 148 price area

look for a potential breakout to the 149.50 price level as further yen weakness is anticipated
bojDXYForexFundamental AnalysisfxTechnical IndicatorsjpyTrend AnalysisUSDUSDJPYyen

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