USD/JPY reacted surprisingly little to the BOJ policy announcement. There had been some small expectation that the inflation target might be softened but we saw no sign of this. Perhaps Kuroda-san might say something during his press conference in 30 minutes?

Plenty of big orders still being reported with semi-state and Sovereign types on the bid ahead of 101.00, stops immediately below 101.00 and also stops now building topside above 101.60.