Prior to this week’s Bank of Japan (BOJ) monetary policy meeting, Yen buyers maintain control, keeping USD/JPY near its intraday low of 135.77 in the red.
Prior to Tuesday’s Monetary Policy Meeting, USD/JPY traders should pay attention to market chatter related to BOJ as well as risk catalysts.
Even if the Japanese central bank doesn’t change its monetary policy at this meeting, the indications of future actions may be enough to appease the bears.
