"Bank of Japan's Historic Decision: Interest Rate Hike After 17 Years"
TL;DR
USD/JPY is experiencing volatility due to thinning liquidity and widening spreads ahead of the Bank of Japan's decision, with reports suggesting a potential pivot in March. The Bank's statement is expected within a specific time window, and there is uncertainty regarding whether it will wait until April to make any changes.
- USD/JPY moving around, swings helped by thinning liquidity ahead of Bank of Japan decision ForexLive
- Bank of Japan hikes rates for the first time in 17 years in a historic shift, abolishes yield curve control CNBC
- Japan Raises Interest Rates for First Time in 17 Years The New York Times
- Stock Market Today: Dow, S&P Live Updates for March 19 Bloomberg
- BOJ announces end of negative interest rates and scraps yield curve control, as expected ForexLive
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