Breaking: USD/JPY leaps above 134.00 as BOJ keeps policy unchanged

The Bank of Japan (BOJ) monetary policy board concluded its 2-day June policy review meeting on Friday and decided to leave its monetary policy settings unchanged, holding rates at -10bps while maintaining 10yr JGB yield target at 0.00%.

The BOJ vote was 8 to 1, leaving its pledge to buy JGBs unchanged so that its holdings increase at an annual pace of around 80 trln yen.

more to come ....