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Former Japanese FinMin: Further yen weakening may trigger intervention

FXStreet (Bali) - Former Japan Finance Minister Fuji is crossing the wires, via Bloomberg, noting that further yen weakening may trigger intervention, adding that BOJ should avoid more easing to combat tax-rise effects. USD/JPY is a touch weaker since the Tokyo open around 109.00.

Uncertainties of the ECB - TDS

Analysts at TD Securities explained that the market reaction to this week’s ECB meeting revolves around the modalities of the ECB’s buying of ABS and covered bonds.
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