The Pound is retracing previous losses against a weaker Japanese Yen on Thursday, as the Bank of Japan (BoJ) met expectations and stood pat on interest rates. The pair has bounced up from three-week lows at 200.57 to reach session highs right above 202.50 at the European session opening times.

The BoJ kept its benchmark interest rate unchanged at 0.5% for the sixth consecutive time and reaffirmed its commitment to continue tightening monetary policies if economic projections are met. Invest