The USD/JPY pair has hit the pause button on its activity.

At the beginning of the week, the Japanese yen, in tandem with the US dollar, is experiencing a period of stagnation, with the current USD/JPY exchange rate standing at 149.21.

Simultaneously, the USDJPY pair is lingering near a ten-week low. In the absence of significant news and an information vacuum, investors have chosen to conserve energy and adopt a wait-and-see approach.

The Asian session saw minimal movements due to a reduced number of market participants, attributed to the Lunar New Year celebrations in the region. The market is currently less concerned with the Bank of Japan's (BoJ) prospective interest rate decisions. No new comments on this matter have surfaced, and the existing information has already been factored into the quotes.

The BoJ's interest rate has remained at a negative -0.10% per annum for an extended period. There is speculation that it might transition into neutral territory in April or shortly thereafter.

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