USD/JPY pair consolidates at ¥120

Note: This section contains information in English only.
Source: FX Street
The Japanese Yen outstripped the US currency on Tuesday and kept further increasing, thus, recovering after four consecutive sessions of losses. At the current moment, the currency pair trades 0.23% lower, at ¥120.22, heading towards ¥120.06. Market participants are expecting further actions form the Bank of Japan that is scheduled to have another monetary policy meeting tomorrow.
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