USD/JPY - Overview as of 17.06.2025

Financial and commodity markets analytics


Currency markets remained subdued despite the turbulence in geopolitics. The dollar strengthened slightly, while the Japanese yen showed volatility after the meeting of the Bank of Japan. The central bank kept the policy rate unchanged at 0.5% and reaffirmed the current plan to reduce bond purchases until March 2026, but provided an updated timetable for the period afterward. Markets took the decision as a signal of soft policy. Meanwhile, the attention of market participants is focused on the publication of decisions of the US Fed, which is expected to leave the rate unchanged, but may adjust the forecast for a reduction in the future.The market found support in the range we mentioned earlier: 142.00-143.00. Now the pair quotes face resistance in the area of 145.00.