Japan prime FX diplomat Mimura: Doesn't see disparity in FX strikes and knowledge
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Feedback from Mimura:
- Do not see any disparity between latest yen strikes and up to date optimistic GDP and home inflation knowledge
- Perceive BOJ has been sending messages on financial coverage outlook making an allowance for robust financial knowledge and headline inflation figures
- Import costs are additionally rising due partially to FX components
USD/JPY has been unstable however has lately trended decrease to 149 from 158.
This text was written by Adam Button at www.ubaidahsan.com.
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