The wave of Japanese yen purchases caused the USD/JPY pair to decline and the pair USD/JPY updated its local lows. The market movement followed the increase of the key rate by 0.25% by the Bank of Japan. The Bank of Japan raised the key rate by 0.25%. However, the market faced with activity of buyers in the zone of 154.00 level, which we wrote about on Friday. Friday. At the moment, the price has returned inside the 155.00-156.50 range. The market is in a state of uncertainty, waiting for the decision of the Federal U.S. Federal Reserve regarding the key rate and further monetary policy of the regulator. The information will appear on Thursday and may have a significant impact on the volatility of the U.S. dollar against other instruments.