[MARKET UPDATE] JPY strengthens further in a continuation of the post-BoJ presser price action; USD/JPY approaches 159.00 to the downside, EUR/JPY eyes 182.00 to the downside, and GBP/JPY dipped under 211.00

The recent strength in the JPY following the Bank of Japan's press conference indicates shifting market sentiment, likely influenced by expectations for policy adjustments or changes in the interest rate outlook. As USD/JPY approaches 159.00 and EUR/JPY targets 182.00, this movement could point towards a stronger yen, suggesting traders may be repositioning for potential volatility in cross-rates, impacting broader risk sentiment and possibly benefiting safe-haven assets.