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Inflation trend is improving – BOJ’s Kuroda

FXStreet (Mumbai) - The Bank of Japan governor Kuroda, while speaking in Tokyo, assured the markets that the inflation trend is improving and said the bank would adjust policy as needed.

Key Quotes

Real wages rising gradually

Big change in companies' attitude toward setting prices

Number of people who still say Japan is in deflation is declining

GBP/JPY breaches 50-DMA support, drops below 185.00

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EUR/GBP appears supported at 0.7125 – Commerzbank

In the view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the European cross could find support around 0.7125...
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