Yen Gains Against Dollar Ahead Of BoJ Decision

USD/JPY pair declines to 160.15 The Japanese Yen has strengthened against the US Dollar, with the USD/JPY pair declining to around 160.15 during Asian trading hours. This move comes ahead of the Bank of Japan's interest rate decision. The yen's gain is also

USD/JPY pair declines to 160.15

The Japanese Yen has strengthened against the US Dollar, with the USD/JPY pair declining to around 160.15 during Asian trading hours.

This move comes ahead of the Bank of Japan’s interest rate decision.

The yen’s gain is also attributed to a deal to reopen the Strait of Hormuz.

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