Fxstreet.com (Barcelona) - The yen depreciated vis-à-vis the U.S. dollar today as the greenback tested offers around the ¥99.50 level and was supported around the ¥98.15 level.

Bank of Japan ramped up its purchase of corporate bond purchases overnight, part of the central bank's strategy to steer market interest rates lower and reduce credit strains in the capital market.

GCI Financial Team said: The Nikkei 225 stock index gained 0.85% to close at ¥7,290.96. U.S. dollar offers are cited around the ¥104.15 level.