FXStreet (Mumbai) - The yen regained momentum versus the greenback in the Asian session after the Bank of Japan (BOJ) announced no changes to its monetary policy settings. While the Antipodeans remained strongly bid with higher targets in sight. Key headlines in Asia BoJ: Little clues on further easing by month-end Fed's Williams: Still makes sense to raise rates in 2015 Dominating themes in Asia - centered on JPY, AUD, NZD A data-thin Asian session, with only the BOJ decision spurring limited moves in the yen as the central bank’s status quo outcome was widely expected. The USD/JPY pair dropped to as low as 119.80 in a knee-jerk to the policy announcement, although recovered to 120 handle, recording a -0.23% loss on the day. Amongst the Asian-pac currencies, the Kiwi emerged the biggest gainer and reached fresh six week highs just shy of 0.66 barrier. The found renewed strength after Tuesday’s Fonterra’s auction results showed dairy prices soaring. The GDT prices index posted a 9.9% gain versus a 16.5% spike seen in Sept. While the Aussie continues to ride higher on the RBA-inspired bullishness and looks to test 0.72 handle ahead. The AUD/USD pair now trades 0.25% higher at 0.7183 levels. On the equities space, Asian markets remain boosted, despite the negative close on the Wall Street as the overnight rally in commodity prices underpins. Japan’s Nikkei erased losses and flipped to gains, now up 0.21% at 18,216. Australia’s S&P ASX index jumps to 5,188, up 0.40%. While the Chinese markets remain closed in observance of a National Holiday. Hong Kong’s Hang Seng rallies 1% to 22,049. Heading into Europe - centered on EUR, GBP A busy European session ahead, with German industrial production data to kick-start a series of macro events, followed by BOJ monetary policy press conference. While RBA’s Assistant Debelle is due to speak at the Australian Financial Markets Report Launch, in Sydney. Although, the main highlight today is expected to be the UK industrial and manufacturing production data. Germany’s industrial production in August is expected to see a 0.2% growth m/m, compared to 0.7% growth registered in July, and a 3.3% advance y/y, after 0.5% growth seen a month ago. The UK industrial production results in August are seen advancing 0.3% on a monthly basis after the 0.4% drop reported in July, and adding 1.2% on an annual basis compared to the 0.8% growth reported a month ago. Besides, The Greek Parliament confidence vote is scheduled on Prime Minister Alexis Tsipras' new government, following a three-day debate. Looking ahead, the US calendar holds nothing of relevance except the Canadian building permits data and the weekly crude oil inventory report published by EIA. EUR/USD Technicals Valeria Bednarik, Chief Analyst at FXStreet noted, “Short term, the upward momentum is fading in the 1 hour chart, as despite the price is well above its moving averages, the technical indicators are beginning to show signs of exhaustion near overbought territory. In the 4 hours chart, the 20 SMA is now aiming higher around 1.1200, whilst the Momentum indicator turned south and is crossing now below its 100 level, whilst the RSI indicator stands flat around 58, all of which limits chances of additional gains, during the upcoming hours.” “Additionally, the price is getting too close to the vortex of the figure, and it will be invalidate if it's not broken during the next couple of days. For this Wednesday, the roof of the figure is set at 1.1285, whilst the base stands now at 1.1160.” For more information, read our latest forex news.