Yen Volatility as Bank of Japan Weighs Rate Hike

Currency fluctuates amid speculation over central bank's monetary policy decision

The yen weakened past 155 per dollar as the BOJ began its two-day meeting.
Reports suggest the BOJ might raise rates to 0.25%, exceeding market expectations.
Traders are divided on the likelihood of a BOJ rate hike, contributing to currency swings.
The yen had earlier strengthened due to potential intervention and unwinding of short positions.
Interest rate differentials between Japan and other countries continue to impact the yen.