# FX Daily: Cautious BoJ hits the yen | articles | ING THINK

> The Bank of Japan kept its dovish policy guidance intact, and the yen fell after the announcement. Fed speakers said markets were ahead on rate cuts, with US housing and TIC data also due.

- Date: 2023-12-19 · published 2023-12-19T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/32946-fx-daily-cautious-boj-hits-the-yen-articles-ing-think
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A weaker yen and shifting US rate expectations affect currency-linked commodity import costs in Japan, with limited direct feed price impact.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- think.ing.com: https://think.ing.com/articles/fx-daily-cautious-boj-hits-the-yen/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.