USD/JPY Technical Analysis: Bears\u0027 Control Continues

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USD/JPY Technical Analysis: Bears\u0027 Control Continues
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$USDJPY Bears' Control Continues Forex Trading

USD/JPY Technical Analysis: Bears' Control ContinuesSubscribeWe commit to never sharing or selling your personal informationUSD/JPY currency pair

The Bank of Japan signaled a cautious stance toward shifting from massive easing ahead of achieving its inflation target, which helped temper market expectations of any major shift in monetary policy at the start of incoming Governor Kazuo Ueda's tenure.

In a sign of wanting to send a dovish message amid ongoing speculation about policy adjustments as inflation soared to a four-decade high, the word "continuously" was used three times in the abstract to describe the need for continued monetary stimulus, the most since July 2019.

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