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USDJPY to day is moving nowhere direction, following the BoJ's decision today to keep monetary policy unchanged in August, governor Haruhiko Kuroda said that the record easing was maintained in order to offset the still visible impact of the sales tax hike implemented in April.
He pointed to the good performance of the Japanese economy, which has been growing above potential despite the drop in demand. The situation labor market continued improving and investment activities of firms accelerated, he said.
Bank of Japan (BOJ) announcement due from Tokyo today USD/JPY Sellers 105.05/10/20/30 Buyers 104.50/60/70, layers lower to 104.00 currently 104.85
KLINCH
He pointed to the good performance of the Japanese economy, which has been growing above potential despite the drop in demand. The situation labor market continued improving and investment activities of firms accelerated, he said.
Bank of Japan (BOJ) announcement due from Tokyo today USD/JPY Sellers 105.05/10/20/30 Buyers 104.50/60/70, layers lower to 104.00 currently 104.85
KLINCH
