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USD/JPY traded lower on comment by the Bank of Japan Governor Haruhiko Kuroda

 

The Bank of Japan (BoJ) Governor Haruhiko Kuroda said on Wednesday that it is unlikely that yen will decline further as it is already "very weak". He added that even if the Fed starts to raise its interest rate, the yen does not have to increase as traders may have already priced into the market this possibility.

 

 

 



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