The yen appreciated vis-Ã -vis the U.S. dollar today as the greenback tested bids around the Â¥97.95 level and was capped around the Â¥99.05 level. Australian Asian names took the pair to intraday lows and European and North American names pushed the greenback to intraday highs before ceding gains. Bank of Japan€™s Policy Board convenes tonight and is expected to keep interest rates unchanged. Some dealers believe the BoJ could soon announce additional quantitative easing measures to counter the significant economic pullback in Japan. The Nikkei 225 yesterday stock index will next reopen at Â¥8,977.37. U.S. dollar offers are cited around the Â¥104.15 level. The euro moved lower vis-Ã -vis the yen as the single currency tested bids around the Â¥129.85 level and was capped around the Â¥132.40 level. The British pound moved lower vis-Ã -vis the yen as sterling tested bids around the Â¥146.95 level while the Swiss franc moved lower vis-Ã -vis the yen and tested bids around the Â¥86.10 level. In Chinese news, the U.S. dollar closed at CNY 6.8180 in the over-the-counter market, down from CNY 6.8190.