Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
20 December 2022 | Other

Yen strengthens, U.S. dollar declines amid BoJ decisions

USDJPY

The markets were stunned by the Bank of Japan move away from its ultra-soft monetary policy. Immediately afterwards, the U.S. dollar fell, while the yen soared.

Among the decisions taken by the BoJ are keeping the key rate close to zero, as well as expanding the range for yield fluctuations in the 10-year bonds to diapason from -0.5% to 0.5% (the previous one was from -0.25 to 0.25%).

The USDJPY fell to the early August levels after a period of unexpected moves. That moves were seen as a sign that the bank will change the course of monetary policy towards a tighter one. These changes are assumed to be necessary as Japan's inflation rate is believed to be the highest in 40 years.



Company MarketCheese

Recommended

Japan. Retail Sales (YoY). The value of the indicator has decreased from 1.7% to 1%
Yesterday at 11:50 PM
Japan. Unemployment Rate. The value of the indicator remained at the same level of 2.6%
Yesterday at 11:30 PM
Japan. CFTC JPY speculative net positions. The value of the indicator has decreased from 17.4K to -2.9K
23 December
United States. Atlanta Fed GDPNow. The value of the indicator has decreased from 3.5% to 3%
23 December
United States. Industrial Production (YoY). The value of the indicator has increased from 2.2% to 2.52%
23 December
Top news
United States. GDP (QoQ). The value of the indicator has increased from 3.8% to 4.3%
23 December
Japan. BoJ Interest Rate Decision. The value of the indicator has increased from 0.5% to 0.75%
19 December
United States. CPI (YoY). The value of the indicator has decreased from 3% to 2.7%
18 December
European Union. ECB Interest Rate Decision. The value of the indicator remained at the same level of 2.15%
18 December
European Union. Deposit Facility Rate. The value of the indicator remained at the same level of 2%
18 December
All news

Forecasts

AUDCAD buy
Period: 02.01.2026 Expectation: 740 pips
Central bank policy split drives AUDCAD higher
TA Other FA Other Technical analysis Indicators Fundamental analysis
Today at 09:40 AM 19
Lyra_Moonwell1
Brent sell
Period: 09.01.2026 Expectation: 200 pips
Rebound won’t help Brent crude to break out of downtrend
Chart analysis Hot news Indicators
Today at 08:54 AM 12
John_Bullard
GBPUSD buy
Period: 02.01.2026 Expectation: 1180 pips
GBPUSD set to resume uptrend after holiday break
Indicators and reports FA Other Technical analysis Indicators Fundamental analysis
Today at 06:17 AM 18
Emily_Foster
USDCAD neutral
Period: 28.02.2026 Expectation: 600 pips
Selling USDCAD from 1.4030
TA Other FA Other
Today at 05:40 AM 13
Bruce_Powers
Brent sell
Period: 31.01.2026 Expectation: 150 pips
Selling Brent crude down to $60.90
TA Other FA Other
Today at 05:40 AM 9
McCarthy_Raymond
Natural gas sell
Period: 01.01.2026 Expectation: 362 pips
Natural gas selloff amid ongoing downtrend and weak demand
TA Other FA Other Technical analysis Indicators Fundamental analysis
Yesterday at 11:49 AM 36
Lyra_Moonwell1
Go to forecasts