Notification: Get Real-Time News Alerts For Your Portfolio Today
Powered by
TOP SECTOR EUR STABLECOIN (0%)
TOP CRYPTO MARKET CAP $0.00T
24H VOLUME $0.00B
BTC DOMINANCE 0.0%
ETH DOMINANCE 0.0%
TOP SECTOR EUR STABLECOIN (0%)
TOP CRYPTO MARKET CAP $0.00T
24H VOLUME $0.00B
Trading Articles
Search for the latest articles on trading

Japanese Yen builds on hawkish BoJ-led gains; focus shifts to post-meeting presser

James Carter
James Carter

James Carter

James is a seasoned forex trader and financial analyst with...

Full Bio

James Carter

Share

The Japanese Yen extended its gains on the back of a hawkish shift from the Bank of Japan (BoJ), surprising markets with its firmer stance on monetary policy. The central bank left interest rates unchanged but hinted at a potential recalibration of its ultra-loose policy, fueling speculation of gradual tightening.

Investors responded swiftly, pushing the Yen higher against major currencies, as the BoJ’s tone marked a departure from its traditionally dovish approach. The central bank’s cautious optimism about inflation and growth raised expectations of policy adjustments in the months ahead. The focus now shifts to the post-meeting press conference for further insights into the timing and magnitude of potential changes.

USD/JPY 1-D Chart as of January 24th, 2025 (Source: TradingView)

Analysts suggest that the Yen’s rally could sustain if the BoJ signals clearer steps toward normalization. However, global macroeconomic factors, including U.S. Federal Reserve policies and the broader risk sentiment, could temper its momentum. The BoJ’s gradualist approach is likely to keep markets on edge in the near term.

While the currency’s recent gains underline optimism over Japan’s recovery, traders remain cautious about overcommitting without explicit policy clarity. The upcoming comments from BoJ Governor Kazuo Ueda are expected to shape the next phase of market movements and investor positioning.

Subscribe to our Newsletter

Every week, we’ll send you the latest tips, tricks, reviews and advice on how to trade to a wealthier lifestyle

View more articles by

Related Articles

Read More
Read More
Read More
Read More
Read More
Read More

Brokers Review

No reviews found in this category.

Top Stories
GBPUSD (1)
GBP/USD trades with negative bias around 1.2425 area, US NFP report awaited
EURUSD (1)
EUR/USD weakens below 1.0400 as traders await US NFP release
NZDUSD
NZD/USD gains traction above 0.5650 ahead of US NFP release
USDINR (2)
USD/INR holds steady as traders brace for RBI rate decision
USDJPY (1)
Japanese Yen retreats against USD amid some repositioning ahead of US NFP
Stocks fluctuate as bond rally pauses ahead of volatile U.S
Stocks fluctuate as bond rally pauses ahead of volatile U.S. jobs report
Japanese household spending surges to highest level since 2022 amid wage growth
Japanese household spending surges to highest level since 2022 amid wage growth
Crude oil declines for the week as trade tariffs outweigh Iran supply risks
Crude oil declines for the week as trade tariffs outweigh Iran supply risks
Japanese yen climbs amid rate hike speculation as U.S
Japanese yen climbs amid rate hike speculation as U.S. jobs report approaches
Ethereum faces resistance near $2,817 as Pectra testnet launch nears
Ethereum faces resistance near $2,817 as Pectra testnet launch nears