#usdjpy-pair

#usdjpy-pair

The hawkish stance of the US Federal Reserve supports the rise of the USD/JPY pair.

The BoJ's decision to keep interest rates and uncertainty regarding bond purchases weaken the Japanese yen.

Bank of Japan's potential interest rate hike and reduction in bond purchases influencing the USD/JPY pair.

Market focusing on U.S. GDP for Q2, Bank of Japan's upcoming interest rate decision, and potential foreign exchange interventions.

U.S. economic data impacting USD strength and Federal Reserve's monetary policy decisions.

The USD/JPY pair may rise slightly but not exceed 161.80; US dollar strength weakening in the long and medium term.