The Japanese currency declined on Tuesday falling against the majority of its most-traded peers after the Bank of Japan began its policy meeting possibly bringing more stimulus this year as it cancelled its plans to increase sales-tax. The Yen slipped 0.3% to 104.53 a U.S. Dollar as of 6:47 a.m. London time and it fell 0.3% to 141.64 a Euro after touching 140.33, the most since December 6.