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BOJ governor Ueda says will scrutinise FX moves, impact on prices

  • Service prices will continue to rise moderately
  • That reflects the increase in wages

Just some token remarks there by Ueda. USD/JPY is little changed on the day, sitting at 157.45 currently. The pair had threatened a break higher above the 158.00 mark on Friday last week, only to fall short as yields sank lower.

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

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