The yen led losses in the Group-of-10 space after the Bank of Japan kept its policy rate at -0.1% and the parameters of its yield curve control program intact.
USD/JPY rallies as much as 0.6% to 148.42, heads for its third weekly advance; fresh day highs were reached after Governor Kazuo Ueda kept a dovish tone at the press conference that followed the decision.
The "distance to ending negative rates" hasn't changed much, uncertainties remain very high, Ueda said.
BOJ Stands Pat on Stimulus, Fueling Pressure on Weak Yen.
The Bloomberg Dollar Spot Index pares a 0.2% advance, heads for its ninth weekly advance in the last 10 weeks.
Yield on 10-year Treasury down two basis points at 4.48%; it rose earlier to 4.5064%, level last seen in 2007.
EUR/USD drops 0.4% to 1.0615, lowest since March 17, after French manufacturing and services PMIs came in below estimates.
It pares losses and steadies near 1.0650 as German PMI data came stronger-than-expected.
Private-sector activity in the euro area has continued to shrink in September, for a fourth consecutive month of falling output.
The euro is down 0.1% since Monday open, its 10th weekly drop.
GBP/USD slips 0.3% to 1.2259, down a third week; key support at 1.2206, the 55-weekly MA.
Source : Bloomberg
