JPY review: Western Union

Quotes from Western Union:

- An uptick in U.S. Treasury yields continued to weigh generally on the lower-yielding Japanese currency. 

- The yen took little direction from a Bank of Japan decision today to hold off on new policy measures. Central bank officials sounded a bit more upbeat about the outlook for the world's No. 3 economy. 

- Still, many in the market remain skeptical about the underlying health of the Japanese economy after the 2.2 percent annualized rise in growth last quarter was weaker than expected.