The US dollar witnessed an increase against the yen after the yen declined following a summary of the opinions of the Bank of Japan meeting, which showed adherence to a very accommodating monetary policy, which was in the interest of the US dollar in early trading today.

The dollar rose against the yen by 0.3% from today's opening price of (142.39 yen), as yesterday's trading was quiet due to the weak transactions that dominated the markets due to the current holidays.
As for the US dollar, it had declined against the major currencies in light of quiet trading due to the holiday holidays yesterday, as there is expectation and anticipation from the markets that the Federal Reserve will begin to reduce US interest rates, bringing optimistic expectations for relative control of inflation with continued economic growth.
A summary of opinions at the Central Bank of Japan meeting on December 18 and 19, showed that policymakers at the Bank of Japan saw the need to maintain a very accommodating monetary policy at present. Bank of Japan Governor Kazuo Ueda said on Monday: The central bank will likely consider changing monetary policy if the probability of achieving the 2% inflation target improves sustainably.
Regarding the technical indicators associated with the four-hour analysis, the Relative Strength Index has reached the 50 level, and the MACD has achieved a positive intersection below the zero level, moving towards it.
 

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