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

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

As of 12:05 am ET, the Yen was trading at 131.89 against the Euro, 183.14 against the Pound, 126.33 against the Swiss franc and 118.72 against the U.S. dollar.

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