The yen slides to the 156 level against the U.S. dollar after the Bank of Japan left its policy rate unchanged and said it will continue bond purchases in accordance with its decision last month.
(Bloomberg) Options traders are preparing for turbulent yen trading. Most Read from BloombergBiden Vows Aid for Gaza, Backs Israel Over Hospital BlastHospital Blast Kills Hundreds as Israel, Hamas Trade BlameQQQ Advances in Late Trading as Tesla Rebounds: Markets WrapTesla’s Runaway Growth Faces Reality Check in Turbulent EconomyUPenn Donors Pile Pressure on School as David Magerman Pulls SupportFluctuations are likely to increase amid growing concerns the Japanese authorities will intervene