BOJ plans to keep the current pace of bond buying in Feb.

Continuing with its efforts to dispel market speculation, the Bank of Japan (BOJ) reassured to maintain its ultra-loose monetary policy stance as the inflation remains far from the 2% target. 

This follows earlier announcement, wherein the BOJ lifted purchases for the first time since July last year.

The USD/JPY pair, however, had a rather muted reaction to the news and struggled to gain traction, holding weaker below the 109.00 handle.