Jul 30 2018
Japanese Yen Steady Ahead of Boj Meeting
The Yen is currently firm against all major currencies. The Japanese currency is slightly higher against the Canadian dollar while selling off against the US dollar, euro, and British pound. Today's USD/JPY‘s trading range is 110.30 - 113.20.
Looking at this week’s Japanese yen economic calendar, traders are seemed to be focused on tomorrow’s Bank of Japan meeting. Traders are betting that the BOJ will make adjustments to the current program as the “yield curve control” program has resulted in lower profitability.
USD/JPY is currently trading above 111.0. On the other hand, EUR/JPY is slightly higher, trading above 129.60.