Dollar set for worst week in a year, yen pressured ahead of BOJ.The U.S. dollar was poised for its biggest weekly drop in a year after President Donald Trump's Greenland threats and abrupt reversal unnerved investors, while the yen wobbled near one-week lows ahead of the Bank of Japan policy decision later on Friday.
Japanese Yen Forecast: USD/JPY Faces Volatility Ahead of BoJ Decision.USD/JPY traders focus on the BoJ outlook, cooling inflation, and firm Services PMI as shifting rate expectations drive volatility and test key technical levels.
Japan PMI hits 17-month high as manufacturing returns to growth.Japan's private sector recorded its strongest expansion in nearly a year and a half at the start of 2026, according to the latest flash PMI data from S&P Global, pointing to broad-based momentum across services and a long-awaited return to growth in manufacturing.