The US Dollar is up against the Japanese Yen in the European trading session, trading above 149.70 levels.
The USD/JPY currency pair is trading higher in the European session, as the BoJ kept its interest rates at the same level and ahead of the FED’s interest rate decision today. In Japan, the Bank of Japan interest rate decision was made and the interest rates were kept at the same level (0.5%). In the US, the Fed interest rate decision (4.5% exp, unchanged) will be released (18:00 GMT) followed by the press conference (18:30 GMT).