# USD/JPY – Japanese Yen Jumpy BoJ Announces Freeze On Rates - ActionForex

> The Bank of Japan kept rates unchanged and said they would stay frozen until spring 2020 at the earliest. USD/JPY traded near 111.88 as markets reacted to the guidance, with US durable goods and GDP data due later in the week.

- Date: 2019-04-25 · published 2019-04-25T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/59814-usd-jpy-japanese-yen-jumpy-boj-announces-freeze-on-rates-actionforex
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

The extended BOJ freeze reinforces yen weakness versus the dollar, a currency move that can affect the cost of dollar-priced feed imports into Japan but has limited direct impact on global feed prices.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- actionforex.com: https://www.actionforex.com/contributors/fundamental-analysis/192939-usd-jpy-japanese-yen-jumpy-boj-announces-freeze-on-rates/

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