USD/JPY Rallies on BoJ Bond Moves, Eyes 145.00 Resistance

USD/JPY has climbed following the Bank of Japan's latest bond market operations, with the pair approaching the critical 145.00 resistance level. The yen weakened as the BoJ's actions reinforced expectations of continued monetary accommodation, contrasting sharply with the Federal Reserve's hawkish stance. Market participants are closely monitoring whether USD/JPY can sustain a break above 145.00, which would signal potential acceleration toward 146.00-147.00 range. The divergence in monetary policies remains the primary driver, with the Fed maintaining restrictive rates while the BoJ continues its ultra-loose policy framework. Technical indicators suggest bullish momentum building, though traders remain cautious of potential intervention risks at elevated levels. The pair's ability to clear and hold above 145.00 will be crucial for determining near-term direction, with support now established around 144.20-144.50 zone.