Since early this year, the bullish trend in USD/JPY has been particularly robust as the Bank of Japan has remained very accommodative while the FED policy has been extremely restrictive, putting this pair near all-time highs around 152. However, statements by BOJ governor Ueda about exiting the loose monetary policy boosted the JPY, which sent [[USD/JPY]] lower by more than 600 pips. However, the BOJ reversed on these comments and markets are now not really sure what to expect from the BOJ meeting tomorrow.
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