Yen falls after BOJ decision; euro stutters towards weekly loss
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The yen fell after the Bank of Japan (BOJ) kept rates unchanged and announced plans to reduce bond buying. The BOJ said it would continue to buy government bonds at the current pace and would come up with a plan to trim purchases for the next one to two years at its next policy meeting in July. The yen slumped more than 0.5% to a more than one-month low of 157.895 per dollar in a knee-jerk reaction to the outcome. The euro faced political turmoil and was headed for a weekly loss. The euro rose marginally to $1.0738, nursing some of its losses from the previous session. Against the British pound, the euro languished near a 22-month low and was staring at a weekly decline of 0.9%.

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https://m.economictimes.com/markets/forex/yen-falls-after-boj-decision-euro-stutters-towards-weekly-loss/articleshow/110985293.cms