The Japanese yen ascended following the Bank of Japan refrained from injecting additional stimulus at a policy meeting.
BOJ Governor Haruhiko Kuroda kept its promise to expand the monetary base at an annual pace of ¥80 trillion ($674 billion).
The currency gained 0.4% to ¥131.89 per euro, and rose 0.3% to ¥118.65 per US dollar.
In October, Kuroda unexpectedly bolstered his qualitative and quantitative easing program to the prevailing pace of bond purchases since he started it in April 2013.
The material has been provided by InstaForex Company – www.instaforex.com