Analyst: Bank of Japan's decision has a mixed impact on the Japanese Yen, attention shifts to the Federal Reserve

The Bank of Japan's decision has had a mixed impact on the Japanese yen, with the focus shifting to the Federal Reserve. After the Bank of Japan raised interest rates and reduced its bond-buying program, the yen experienced sharp fluctuations. The current focus is on the press conference of Bank of Japan Governor Haruhiko Kuroda and the upcoming policy decisions of the Federal Reserve. Analysts believe that the rate hike decision by the Bank of Japan is unfavorable for the yen, and the market is eager to understand Kuroda's stance. The manager of Rakuten Investment Management believes that if Kuroda indicates that there will be no further rate hikes this year, the yen will continue to weaken