Dollar-yen is currently trading around ¥158, and market movements are being watched ahead of tomorrow's BOJ decision meeting. Early trading in the New York market could affect the market's subsequent direction.
Dollar-yen was reported to be moving around ¥158, with early trading in the New York market believed to be affecting the foreign exchange market. In the short term, trading was reported to have become more active around the opening of the Tokyo market.
The Bank of Japan is scheduled to hold a policy meeting tomorrow, and the meeting's outcome and the outlook for monetary policy are expected to be the market's focus. The resulting impact on the foreign exchange market, including the direction of dollar-yen, is being closely watched.