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BOJ's Ueda says no comment on FX levels

No comment on exchange rateThere are both positive and negative impacts from a weak yenImportant for currency to move stably reflecting economic fundamentalsHe refuses to comment but then makes a scathing remark that there are pros and cons to a weaker Japanese yen. That pretty much tells you what they are guarding against. Even if it is not explicit, we all already know that so I'm not going to poke him too much on this. This article was written by Justin Low at www.forexlive.c... Read More

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Posted: Jun 16 2023, 06:53

Author Name: forexlive

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