The board members of the Bank of Japan (BoJ) decided not to alter its present monetary policy settings during Governor Kazuo Ueda's (BoJ) first monetary policy meeting, keeping rates and the 10yr JGB yield target at -10bps and 0.00%, respectively.
Analysts discuss the BoJ's executive summary and the upcoming meeting in two months.
As a result of the BoJ's policy statements, USD/JPY rises over the 134.50 mark in the market reaction. The pair is up 0.48% on the day and is now trading at 134.54.
Gold and Silver, another market, continued to drift sideways and ended at $1,987 and $24.90, respectively, unchanged.