The Japanese Yen (JPY) the BOJ held at 0.1% and announced no new easing measures and this led to a strengthening of the Yen back to Y77.10 from Y77.60. AUD/JPY pushed higher with EUR/JPY on the positive risk appetite in the market but the next 48 hours will be critical for the outlook with the central bank meeting in Europe and G7 meetings on the weekend.
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