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Shiozaki: No intention to postpone GPIF's law change

FXStreet (Bali) - Japanese health minister Yasuhisa Shiozaki, responsible for the Government Pension Investment Fund (GPIF), is crossing the wires out of Tokyo, noting that there is no intention to postpone GPIF's law change, adding that GPIF is set to conduct some reforms within existing law, while other GPIF reforms may be done through law change.

USD/JPY en-route to 109.00 again

USD/JPY has popped higher over 40 pips since the start of the Tokyo session, reverting the bearish momentum seen in the last US session, to currently settle the exchange rate at 108.85 from levels around 108.50 earlier.
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AUD/USD keeps close to new multi-month lows at 0.8772

AUD/USD reversed from Asian high at 0.8813 and set a new intraday low at 0.8772 before settling around 0.8783, marginally below the opening level registered at 0.8787.
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