USD/JPY: Yen continues growing

Forex analytics: Current trendLast week, the Yen strengthened against the US Dollar, having reached its highs since the beginning of November. Bullish dynamics developed due to a downward correction in the US currency amid Christmas holidays.Moreover, the Yen gained support from the results of BoJ meeting. The Regulator expects inflation to reach the target level of 2% in the short term.Friday’s inflation ...