Japanese Yen loses ground, downside seems limited due to hawkish BoJ – FXStreet

The Japanese Yen has weakened recently, but its downside appears to be limited thanks to the hawkish stance of the Bank of Japan (BoJ). The BoJ’s strong commitment to monetary policy measures has helped support the Yen, despite its recent decline. Investors are closely watching the BoJ’s actions, as they believe that the central bank’s hawkish approach will continue to provide some stability to the Yen in the near term.