Market strategists are signaling that the Japanese yen's recent downtrend shows no signs of reversing course, even after the Bank of Japan decided to maintain its interest rates at current levels as anticipated. The central bank's cautious stance on monetary tightening continues to weigh on the yen's performance, keeping downward pressure on the currency. This lack of rate movement reinforces existing market expectations—and traders are positioned accordingly. The broader implication? Currency dynamics tied to policy divergence between major central banks remain a key factor shaping global market sentiment and cross-asset flows.