Price analysis: USD/JPY hits 155.00 ahead of Bank of Japan decision

As USD/JPY rockets to 155.00, all eyes are on potential BoJ intervention amidst Japan’s weakening yen. Upcoming US data may further influence this dynamic, causing anticipation of Japan’s next move.

Intro: (0:00)
Increased volatility pushed USD/JPY to 155.00: (0:28)
Positive US data and higher yields driving US dollar: (2:01)
EUR/JPY also near all-time highs: (3:17)
Will the Bank of Japan intervene?: (4:08)
US GDP, inflation could tip the scales: (6:00)

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