Dollar rises to lower ¥157 range around 3 p.m. as BOJ meeting viewed as dovish

The story

As of 3 p.m., the dollar had risen to the lower ¥157 range.

Following the BOJ monetary policy meeting, the market increasingly viewed the outcome as dovish, affecting the foreign exchange market.

At a glance

TimeMarket move around 3 p.m.

LevelThe dollar rose to the lower ¥157 range

DriversThe BOJ meeting was viewed as dovish

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