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BoJ Kuroda: Will continue to ease until price target reached

FXStreet (Bali) - BOJ Governor Kuroda, speaking at the Economic Club of New York, said that there is almost no slack in Japan labor market, adding the old line that they will continue to ease until price stability target is reached.

The event is still live, with Sebastien Galy, FX Strategist at Societe Generale, noting that Kuroda mentioned several options to respond to weakness, including "other financial assets could be purchased, only 20 perc of JGB held, Boe was 40."

Kuroda: BOJ’s easing having intended effect

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USD/JPY holding firm on 108 handle and bid

USD/JPY is trading at 108.26, up 0.22% on the day, having posted a daily high at 108.76 and low at 107.75.
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