Japanese Yen sticks to modest intraday gains against USD; BoJ uncertainty caps gains – FXStreet

The Japanese Yen continues to hold on to small gains against the US Dollar today. However, uncertainty surrounding the Bank of Japan is limiting the Yen’s ability to make significant gains. The Yen is trading modestly higher against the USD, but its potential for further increases is being capped by the uncertain outlook for the BoJ. Traders are keeping a close eye on developments in Japan’s central bank to determine the Yen’s future direction.