With the Federal Reserve’s policy decision week coinciding with the Bank of Japan’s monetary policy meeting, dollar-yen has remained under pressure below the ¥157 level.

The story

The overlap between the Federal Reserve's policy decision week and the Bank of Japan's monetary policy meeting has been reported, putting pressure on USD/JPY.

In the early morning in Asian markets, USD/JPY was trading around 156.60, and reports said that the correction phase following its retreat from levels above 160 was continuing.

The article cites developments related to a Bank of Japan rate hike as the core contradiction in the foreign-exchange market at present.

At a glance

Date and timeThe overlapping timing of the Federal Reserve and Bank of Japan meetings is affecting the market

Exchange rateUSD/JPY is trading below the ¥157 level

Early-morning levelsUSD/JPY around 156.60 in early Asian trading

Notable market movesThe correction phase following the retreat from above 160 continues

Contradictory factorThe market contradiction is related to a Bank of Japan rate hike

Reference information. Every claim resolves to something the story actually named.

What it links to

Changes in financial conditions due to monetary policy changes and a Bank of Japan rate hikeStrongly related2 companies

8370+2.4%

The Kiyo Bank,Ltd.Changes to monetary policy, including negative interest rates

¥1,566

8308+2.5%

Resona Holdings, Inc.Impact of the Negative Interest Rate Policy

¥2,212

Higher Policy Rates and the Transition to a World with Interest RatesRelated1 companies

8550+3.2%

THE TOCHIGI BANK,LTD.The Transition to a World of Positive Interest Rates and Higher Policy Rates

¥948

Where this came from

We read each source in full and checked they agree on the core claim.

1/ 1 agree

All of them report the same thing.

www.moomoo.comNews

AgreesOpen

Read the original articleGo to the source page

Reference information generated from public sources. It does not solicit or advise on investments. Prices are 15-minute delayed.