Home Analysis Market Overview BOJ INTEREST RATE DECISION ,A BOOST FOR DOLLAR

BOJ INTEREST RATE DECISION ,A BOOST FOR DOLLAR

BOJ INTEREST RATE DECISION ,A BOOST FOR DOLLAR
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Bank of Japan halted hiking the interest rate similar to theĀ  FED decision they made on Wednesday.

BOJ interest ratesĀ  actual -0.1%, previous -0.1%

FED interest rate actual 5.25%, previous 5.25%

When BOJ released their interest rate report at 6:00EST dollar gained more market thew against JPY and it has been an uptrend for the USDJPY pair since morning.

In my opinion, the USDJPY uptrend will continue a good confirmation using the daily timeframe.

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