The Japanese yen continued its decline, approaching the 145 mark against the US dollar on Tuesday, marking the third consecutive session of losses. This drop follows the Bank of Japan's decision to maintain its policy rate at 0.5%, aligning with market predictions. The bank also upheld its current plan to taper Japanese government bonds until March 2026 but indicated a willingness to modify the strategy if necessary. Policymakers are exercising caution as they evaluate the inflationary effects of escalating oil prices and seek better insights into US trade policies. Further pressure on the yen arose from reports that Prime Minister Shigeru Ishiba and US President Donald Trump did not reach a tariff agreement during the G7 summit in Canada. Concurrently, the US dollar gained strength across the board due to increasing geopolitical and inflationary concerns. In the latest updates, President Trump called for a full evacuation of Tehran in response to ongoing Israeli airstrikes, emphasizing that Iran should have agreed to his proposed nuclear deal.