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The Bank of Japan (BoJ) is set to hold a monetary policy meeting on December 18-19, where it will closely monitor exchange rates and U.S. economic developments. Analysts anticipate that the decisions made by both the Federal Reserve and the BoJ could lead to increased volatility in the foreign exchange market. The USD/JPY currency pair is expected to experience fluctuations due to these central bank meetings, with concerns about a potential hawkish stance from the Fed regarding interest rate cuts. Market observers suggest that if both central bank events proceed without significant surprises, it could lead to a rise in stock prices in the Tokyo market next week.
