USD/JPY Outlook: Yen Retreats From 2-Month Top After US GDP By: TalkMarkets July 27, 2024 at 09:12 AM EDT The yen has gained 2.4% this week. The BoJ’s odds of a rate hike are above 67%. The BoJ might announce plans to reduce bond purchases. Read More >> Related Stocks: DB US Dollar Index Bullish Fund Invesco Japanese Yen Trust Currencyshares