The latest minutes from the BoJ showed that policymakers are determined to keep the current pace of the monetary policy for the foreseeable future, meaning the stimulus programme that was launched in April 2013 is far from its conclusion.
The Canadian Dollar rose to a one-week high against the Greenback after the data on consumer prices in Canada.
The amount of money lent to borrowers to purchase real estate reached its highest level in eight months in June.
Consumer morale in the U.S. unexpectedly declined in July to the lowest level in four month, while index of consumer expectations fell for a third consecutive month as Americans' outlook for the country's economy worsened.
The ECB Governing Council member Jens Weidmann believes that loose monetary policy had "done its bit" to keep price stability in the Euro bloc, but cited a list of long-term dangers from easy money.
The previous week was full of central banks' decisions on monetary policy and governors' speeches; however, no surprising moves were announced.
According to minutes from the Bank of Japan's June 12-13 meeting, board members agreed that the current pace of asset purchases is having a desired effect in fuelling inflation and pulling the country out of 15-year long deflationary spiral, but with the central bank's inflation target still far away from sight economists believe that the BoJ will need to expand
The Reserve Bank of New Zealand is expected to raise the benchmark interest rate once again on July 24, lifting the cash rate a quarter point to 3.5%.
According to the latest figures, Scotland is set to reclaim its pre-recession peak ahead of the rest U.K., adding to signs the country has economic potential to be an independent country.
The number of people seeking unemployment benefits unexpectedly fell last week, adding to latest signs of the nation's labour market strength.
The Euro zone inflation, the primary gauge of consumer spending, remained low in what the central bank calls the "danger zone", in line with expectations, as falling prices of food and phone calls offset more expensive tobacco and restaurants. EUR/USD appeared to have a muted reaction on the data release.
Australia's CB Leading Index rose 0.2% in May following the downwardly revised 0.2% decline a month earlier.
Manufacturing sales in Canada advanced more than expected in May after falling to the negative territory last month, easing concerns over the country's economic prospects.
The number of people seeking unemployment benefits in the U.K. fell more than expected in June, pushing the nation's jobless rate to the lowest level since January 2009, although the pay growth was weaker than expected.
U.S. producer prices rose more than expected in June, while core prices increased marginally, indicating some inflation at the factory gate.
The European Central Bank said improving sentiment toward the Euro area spurred demand for the region's debt, even as the Euro's share in global foreign-exchange reserves fell.
The Swiss National Bank is expected to keep the Franc's cap into 2016 as the Euro zone policy makers' attempts to boost inflation weigh on the Swiss currency.
The New Zealand Dollar weakened the most in seven weeks after consumer price index rose less than expected and a gauge of dairy prices decline to the lowest level since 2012.
U.K. inflation rose more than expected in June to its fastest pace since January, driven by clothing, food and air fares, reinforcing the view that a rise in interest rates may be getting closer.
Federal Reserve Head Janet Yellen reiterated her pledge to keep interest rates low, but added that in case the labour market continues strengthening there might be earlier-than-planned rate hikes.
The single currency slipped sharply lower following the release of German ZEW investor sentiment. Investors in Europe's number one economy remained sceptical on German economic prospects, with the influential ZEW index falling 2.7 points to 27.1 in July, recording the seventh consecutive drop.
The Bank of Japan stayed pat on its very loose policy stance, but revised slightly its growth forecast for the 2014 financial year and stuck to its outlook that inflation will move towards its 2% goal next year.
The Australian Dollar traded slightly below 94 U.S. cents after the Reserve Bank of Australia announced its monetary policy decision.
Growth of retail sales in the U.K. slowed in June to one of the weakest pace in three years amid fears of higher interest rates.