USD/JPY has popped a little higher after the BoJ statement and report – mixed but dovey

I posted the main points here:

• Bank of Japan leaves policy unchanged, as widely expected

In very brief:

• kept interest rates steady, short-term policy rate unchanged at 0.5% by a unanimous vote
• cut its growth forecasts
• cited the damage to global demand from higher U.S. tariffs impacting Japan’s nascent economic recovery

BOJ Governor Ueda press conference is at 0630 GMT

USD/JPY update:

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