The yen is vulnerable to sharp moves and further declines over the next week, with a three-day holiday in Japan set to reduce trading liquidity and investors disappointed that the central bank didn’t offer stronger guidance on the pace of future interest rate hikes.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-09-20/yen-is-vulnerable-with-japan-on-holiday-after-boj-disappoints)