Idealforex//
The Bank of Japan kept as widely expected interest rates unchanged and maintained its quantitative measures unchanged as well. The yen was rather unaffected by this decision and it still looks rather vulnerable versus the other major currencies. USD/JPY has retreated slightly but remains above the 122.00 level while EUR/JPY has pushed above 108.00. Still, USD/JPY should resume its uptrend with the October high of 123.35 as next key target.