As expected, the Bank of Japan maintained target for monetary base expansion at an annual pace of about 80 trillion yen.

Following the announcement, the yen advanced against the other major currencies.

As of 11.05 pm ET, the yen was trading at 135.29 against the euro, 183.02 against the pound, 124.18 against the Swiss franc and 119.96 against the greenback.

The material has been provided by InstaForex Company – www.instaforex.com