The yen has outperformed as the BoJ refrained from easing. Stock markets have been mixed in Asia, too, and oil prices declined for a second day, inspiring haven demand for the Japanese currency. The BoJ's decision was largely as expected, though there had been a minority market view for the central bank to add more stimulus. USD-JPY logged a four-day low at 113.21, and EUR-JPY a five-day low, at 125.77.
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