- USD/JPY is currently trading around 113.42 marks.
- It made intraday high at 113.45 and low at 113.20 levels.
- Intraday bias remains neutral till the time pair holds key resistance at 113.46 marks.
- A daily close above 113.38 will take the parity higher towards key resistances around 113.75, 114.17, 114.88, 115.50, 117.21 and 118.18 levels respectively.
- On the other side, a sustained close below 113.38 will drag the parity down towards key supports around 112.84, 112.03, 111.73, 111.37, 110.48, 109.88, 108.12, 107.32, 106.72, 106.03 and 104.96 levels respectively.
- BOJ keeps monetary policy steady.
- BOJ maintains short-term interest rate target at -0.1 pct.
- BOJ maintains 10-year JGB yield target around zero pct.
- BOJ's decision on yield curve control made by 8-1 vote, board member Kataoka dissents.
- Tokyo's Nikkei share average opens down 0.17 pct at 22,852.01.
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