Bank of Japan Governor Ueda
- will raise rates and adjust degree of monetary support if improvement in economy and price conditions continues
- will make a decision next week
- watching developments in the US economy
- momentum heading into spring wage negotiations is crucial
That second point – the Boj meet on 23 and 24 January
USD/JPY drops a little
This article was written by Eamonn Sheridan at www.forexlive.com.
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