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The Japanese Yen (JPY) gains positive traction against its American counterpart for the second straight day on Tuesday, dragging the USD/JPY pair to the 147.25 region during the Asian session.
The Japanese Yen (JPY) ticks lower against its American counterpart during the Asian session on Friday after data showed that consumer inflation in Japan's national capital decelerated sharply in January.
The Bank of Japan (BoJ) Board members shared their views on monetary policy outlook and Yield Curve Control (YCC), per the BoJ Minutes of the December meeting.
Japan's Minister of Finance Sunichi Suzuki said on Friday that the government and the Bank of Japan (BoJ) are working closely together based on the need to achieve the 2% inflation target stably and sustainably.
The Japanese Yen (JPY) recorded strong gains on Wednesday and strengthened to over a one-week high against its American counterpart in the wake of the Bank of Japan's (BoJ) hawkish tilt.