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GS’s Jim O’Neill: Sees suggestions Yen is oversold
The BOJ has to show it’s seriousness over 2% inflation target. Japan’s choice of new BOJ governor is key. BOJ faces much pressure from Japanese business. Comments made on Bloomberg TV USD/JPY’s presently just off day’s lows around 88.70. (Is Jim O’Neill having a change of heart over his USD/JPY view?)
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