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    Nakahara (Abe’s advisor) on BOJ

    Ex-BOJ board member Nobuyuki Nakahara spoke in an interview:

    • BOJ should avoid cutting key negative rate for now
    • should boost JGB buying to 100T yen a year
    • BOJ should boost easing soon as next week

    JPY rapidly deppreciates, USDJPY spikes higher by 30 pips.

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