# Dovish BoJ Meeting Boosts US Dollar Japanese Yen Exchange Rate After Trump Tax Reform Dud | Exchange Rates UK

> The US dollar regained ground against the yen after the BoJ left policy unchanged at its April meeting and maintained its dovish outlook. Markets were unimpressed by the thin outline of the Trump administration's tax reform plan, which raised doubts about funding and deficits. Expected March CPI data was seen showing inflation of only about 0.3%.

- Date: 2017-04-27 · published 2017-04-27T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/71722-dovish-boj-meeting-boosts-us-dollar-japanese-yen-exchange-rate-after-trump-tax
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Continued BoJ easing and doubts over US fiscal policy keep the yen under pressure against the dollar. For feed buyers this is a currency backdrop rather than a direct supply or demand change.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/17919/usd-jpy-us-dollar-to-japanese-yen-exchange-rate-news-and-forecast.html

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