The USD/JPY currency pair is expected to continue its upward..

The USD/JPY currency pair is expected to continue its upward trend above 137.00 as the Bank of Japan maintains an ultra-loose monetary policy.

The USD/JPY currency pair is currently experiencing reduced volatility around 136.65, following a period of heightened volatility due to the Bank of Japan's (BoJ) decision to maintain an ultra-easy monetary policy. BoJ Governor Haruhiko Kuroda has implemented this policy in response to the lack of inflationary pressure caused by stagnant domestic demand and wages in the Japanese economy.