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11 Jul 2013

Japan BoJ Interest Rate Decision steadies at 0.1%

Jul 11, 2013

BoJ next: Impact on the USD/JPY

The USD/JPY is getting into close contact with the 99.00 handle again, following an early low of 98.25, which was followed by a rebound faltering at the 99.55 vicinity.
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Jul 11, 2013

BoJ stand pat on easing plan

The Bank of Japan monetary policy announcement has been published with no major surprise in the curent policy stance. The central bank sees the core CPI forecast this month unchanged from April at 1.9%, while retaining plan for 60 to 70 T yen on easing. The BoJ further added that efforts on loose policy will continue until inflation is achieved.
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