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BoJ's Kuroda: Export volumes still subdued

FXStreet (Łódź) - According to BoJ governor's Haruhiko Kuroda's comments quoted on Monday, recent FX adjustments resulted in an increased profitability of Japanese exports.

The central bank head signaled however that Japan's exports still encountered obstacles preventing them from growing in volume. "Firms may be unable to quickly stop output shift abroad," he stressed.

USD/JPY has fear of heights – back to 109.30

USD/JPY is retreating from overnight highs; the pair neared 109.30 area in early Europe.
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EUR/CHF door open to 1.2180? – Commerzbank

Karen Jones, Head of FICC Technical Analysis at Commerzbank, signals the cross needs to close above 1.2130 to allow a potential visit to 1.2180...
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