The Japanese Yen (JPY) comes under fresh selling pressure after the Bank of Japan (BoJ) announced its policy decision and drops to a fresh multi-decade low against its American counterpart during the Asian session on Friday. As was anticipated, the Japanese central bank decided to leave policy settings unchanged and lowered its growth forecast for the financial year 2024. This comes on the back of any decisive action by Japanese authorities to support the domestic currency, which, along with a generally positive risk tone, turn out to be key factors weighing on the safe-haven JPY. Meanwhile, the US Dollar (USD) ... (full story)