Ammon News - The dollar steadied on Tuesday while the yen rose following the Bank of Japan's (BOJ) rate decision, with eyes on Governor Kazuo Ueda's post-meeting press conference for clues on the rate outlook.

The BOJ delivered little surprise to markets at the conclusion of its two-day monetary policy meeting, as it stood pat on rates and laid out a new plan to decelerate the pace of its balance sheet drawdown next year in the face of rising risks such as the Middle East conflict and U.S. tariffs.

The yen swung between losses and gains shortly after the decision before turning decisively higher, and was last up roughly 0.2% at 144.50 per dollar.