# Yen Ticks Up as Cautious BoJ Stands Pat | Nasdaq

> The yen strengthened after the Bank of Japan left its policy settings unchanged on January 30, a largely expected outcome. Core CPI forecasts were slightly lowered for fiscal 2016/17 while the bank still projects 2% inflation by 2018. The dollar was already under pressure before the decision.

- Date: 2017-01-30 · published 2017-01-30T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/73214-yen-ticks-up-as-cautious-boj-stands-pat-nasdaq
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Central bank stasis leaves currency moves tied to US political headlines, offering little direct signal for feed commodity prices.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- nasdaq.com: https://www.nasdaq.com/articles/yen-ticks-cautious-boj-stands-pat-2017-01-30

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