this post is about usd/jpy
USD/JPY: Yen regains positions in mid 111.00s
The US Dollar pulled back against the Japanese Yen to trade in mid 111.00s as the US Federal Reserve Bank left policy rates unchanged delivering positive outlook. The BoJ policymaker Amamiya confirmed that BoJ’s new forward guidance on rates is not calendar based with no pre-set timing on how long the rates will stay low.