The Bank of Japan (BOJ) concludes its two-day monetary policy meeting later on Tuesday, where it is expected to keep interest rates steady and consider slowing reductions in its bond purchases from next fiscal year. Ahead of the outcome, the yen edged a touch higher to 144.70 per dollar, reversing some of its declines from the previous session.

Eurozone sentiment supports the Euro amid a cautious ECB tone. The Japanese Yen remains pressured as the Bank of Japan adopts a dovish tone. The Euro (EUR) is pulling back against the Japanese Yen (JPY) on Tuesday after hitting a year-to-date high and its strongest level since July.

Bank of Japan chief Kazuo Ueda on Tuesday expressed concern about the outlook for the Japanese economy following U.S. President Donal

The Bank of Japan kept interest rates steady on Tuesday and decided to decelerate the pace of its balance sheet drawdown next year, signaling its preference to move cautiously in removing remnants of its massive,

Following are excerpts from BOJ Governor Kazuo Ueda's comments at his post-meeting news conference, which was conducted in Japanese, as translated by Reuters: "It's desirable to continue tapering to allow yields to move more freely reflecting market forces. But tapering too rapidly could cause unintended impact on market stability."

The Bank of Japan’s decision to hold interest rates and slow its withdrawal from the bond market was widely expected and should help reassure investors, though there will still be plenty of interest in Governor Kazuo Ueda’s press conference,

Global stocks slid and oil prices rose on Tuesday as fighting between Israel and Iran entered its fifth day, sowing fears of a broader regional conflict, while investors took in stride the Bank of Japan's decision to slow the pace of its bond tapering.