Japan Exports (YoY) Aug: -9.6% (est -4.7% prev -14.0%)
Japan Imports (YoY) Aug: -17.3% (est -16.6% prev -24.7%)
Australia Skilled Vacancies (MoM) Aug: -0.4% (prev -0.6%)
South Korea PPI (YoY) Aug: -1.7% (rev prev -2.5%)
South Korea PPI (MoM) Aug: 0.1% (prev -0.1%)
PBoC Fixes Yuan at 6.6738 (prev 6.6595)
USD/JPY rallied after the BoJ announced new measures to achieve its 2 % inflation goal. While the central bank refrained from cutting rates and increasing the size of its QE programme, it added a yield curve control to its policy framework. The BoJ's goal is to keep the 10-year yield around 0 %.
USD/JPY rose from 101.40 to 102.60 after the announcement. AUD/JPY rallied from 76.60 to 77.40, while EUR/JPY made it from 113.00 to 114.20 and GBP/JPY from 131.50 to 133.00.
The Dollar caught a bid after the BoJ and strengthened against all other major currencies. EUR/USD fell from 1.1150 to 1.1125, while GBP/USD declined from 1.30 to 1.2940.