[Reuters] – The yen has gained 3 percent since Thursday when the BOJ decided to hold monetary policy steady in the face of soft global demand and the yen’s recent sharp rise. The BOJ move defied expectations for increased stimulus measures to fight deflation. “A large part of this move is the BOJ, which caught a lot of investors by surprise,” said Omer Esiner, chief market analyst at Commonwealth Foreign Exchange Inc in Washington.

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