FxWirePro: Japanese yen falls after BOJ’s interest rate decision
USD/JPY is currently trading around 113.42 marks. It made intraday high at 113.45 and low at 113.20 levels. Intraday bias remains neutral till the time pair holds key resistance at 113.46 marks. A daily close above 113.3…
It made intraday high at 113.45 and low at 113.20 levels.
Intraday bias remains neutral till the time pair holds key resistance at 113.46 marks.
A daily close above 113.38 will take the parity higher towards key resistances around 113.75, 114.17, 114.88, 115.50, 117.21 and 118.18 levels respectively.
On the other side, a sustained close below 113.38 will drag the parity down towards key supports around 112.84, 112.03, 111.73, 111.37, 110.48, 109.88, 108.12, 107.32, 106.72, 106.03 and 104.96 levels respectively.
BOJ keeps monetary policy steady.
BOJ maintains short-term interest rate target at -0.1 pct.
BOJ maintains 10-year JGB yield target around zero pct.
BOJ's decision on yield curve control made by 8-1 vote, board member Kataoka dissents.
Tokyo's Nikkei share average opens down 0.17 pct at 22,852.01.
