Yen barely inches up versus dollar in Asia

Yen traded mostly flat against the greenback in Asian trade not far from July 20 lows, following policy decisions by Bank of Japan and ahead of US housing data. 

As of 06:58 GMT, USD/JPY barely inched down to 112.35, with an intraday low at 112.23, and a two-month high at 112.43. 

Bank of Japan voted today to hold interest rates at minus 0.10% for the 16th meeting in a row as expected by market analysts, while introducing more flexibility in the monetary policy. 

Now markets await US housing starts data, expected with a 5.7% increase to 1.235 million units in August, while building permits are estimated with a 0.5% increase to 1.310 million.