USD/JPY drops under its overnight low ahead of BOJ meeting today

<p>USD/JPY activity is thnner than normal with the Bank of Japan meeting announcement due in around 3 hours time (there is no firmly scheduled time). </p><p>While the consensus is for the Bank to remain on hold, a move cannot be ruled out, as said earlier:</p><p><a href="https://www.forexlive.com/centralbank/boj-policy-meeting-today-a-change-cant-be-ruled-out-given-decembers-surprise-preview-20230309/" target="_blank" rel="follow" data-article-link="true">BOJ policy meeting today – a change can't be ruled out given December's surprise – preview</a></p><p>USD/JPY had popped earlier but is back under 136.00:</p>

This article was written by Eamonn Sheridan at www.forexlive.com.

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