USD/JPY Consolidates Ahead of BOJ Policy Decision

The USD/JPY currency pair is experiencing consolidation as market participants await the Bank of Japan's (BOJ) policy decision and Governor's press conference on the 18th.

The BOJ's actions are expected to have a significant impact on the Japanese economy, which has been affected by global economic trends.

Market analysts will be closely watching the BOJ's decisions to determine their stance on monetary policy and its implications for the yen's value.