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USD/JPY falls below 157.50 on Ueda comments
A short while ago the Bank of Japan boss, Ueda said the BOJ will adjust the amount of monetary support to the economy, if the price conditions continue to improve and the Japanese central bank will decide on that next week. These comments have sent the USD/JPY abruptly lower. It was trading around 158 before Ueda spoke. It has now fallen below 157.50 immediately afterwards. The USD/JPY is right now at 157.45
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