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USD/JPY, Nikkei 225: Moment of truth as traders grapple with BOJ intervention threat
Japanese inflationary pressures may already be easing, providing a headache for policymakers at the Bank of Japan (BOJ) as they consider whether to begin normalising monetary policy settings. For the USD/JPY and Nikkei 225, whichever way the board decides to go, the impact will be felt long beyond when and if the final decision is made. Japan inflationary pressures are slowly easing Ahead of the BoJ’s next monetary policy decision on October 31, the Japanese government released inflation data today which revealed that while inflation pressures are easing, they remain well above the BOJ’s 2% annual target for an ... (full story)
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- steven.s
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- axecap
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its all just one persons opinion....
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