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On Thursday, the AUD/JPY plummeted more than 1.30%, shifting bearish, after finally breaching the top of the Ichimoku Cloud, signaling the downtrend is gathering pace.

The EUR/JPY begins Friday’s Asian session almost flat after plunging sharply on Thursday, following perceived hawkish remarks by the Bank of Japan (BoJ) Governor Kazuo Ueda.

The AUD/JPY snaps two days of losses as the downtrend halts above the 96.00 figure, even though market sentiment remains sour as reflected by US equities, which printed losses between 0.19% and 0.58%.

Hopes that the BoJ will exit its-ultra-loose policy have boosted the Yen.

The GBP/JPY plummets more than 2.30% courtesy of comments by the Bank of Japan (BoJ) Ueda, which ultimately dragged the pair to an eight-week low of 178.53 before reversing toward the current exchange rate.

In Tuesday's session, the EUR/GBP mildly retreated to the 0.8570 region.

The AUD/JPY began Wednesday’s Asian session with a negative tone after registering losses of more than 1% on Tuesday.

The EUR/JPY extends its losses for the seventh straight day and hovers just above the top of the Ichimoku Cloud (Kumo), at around 158.89, down by 0.36% daily after reaching a daily high of 159.71.

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The EUR/JPY slides for the eighth straight day, though it remains above the Ichimoku Cloud (Kumo), which could be seen as the downtrend, is losing steam amidst overall Japanese Yen (JPY) weakness across the board on Wednesday.