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BOJ governor Ueda remarks that Japanese economy is recovering moderately

  • Japan economy recovering moderately but some weak moves seen
  • Financial system remains stable as a whole
  • Must be vigilant to market, FX moves and impact on economy, prices

It’s an odd one as Uchida himself could just easily parroted the above comments. As for Ueda, he is in China amid a trilateral meeting as noted here two days back.

This article was written by Justin Low at www.forexlive.com.

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