Yen Falls 1.3% as BoJ Policy Decision Sends USD/JPY to Near 158.00

FXStreet··JPUS·Read original
3▲1 ▼1Impact / 5
Summary · why it matters

The Japanese Yen weakened against its major currency peers on Friday after the Bank of Japan's monetary policy announcement. In European trading, the USD/JPY pair rose 1.3% to trade near 158.00. The move followed the Bank of Japan's latest policy outcome, which drove the Yen lower across the board.

Impact on assets 2

Others▲ · 1 stocks
Others▼ · 1 stocks
%Japan Government Bond 10Y
JP-10Y
▼ NegativeMonetaryrelevance

BoJ policy decision drove the yen lower, implying higher Japanese yields/rate expectations, pushing the 10Y JGB yield up (bond price down).