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BOJ’s Kuroda – easing will continue till 2% inflation target is achieved

Bank of Japan (BOJ) head Kuroda, while speaking in Parliament, said the QQE program with negative rates will stay as long as needed to achieve the 2% inflation target.

Key quotes

Abenomics not aimed at weakening yen

BOJ gov also not considering policies to weaken yen

UK retail sales: What to expect of GBP/USD?

The British Pound is trading on the back foot with increasing calls the corrective rally from the low of 1.3835 has ended and the bears may have regained control of the pair ahead of the UK retail sales release.
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PBOC’s Huang – less room for interest rate cuts this year

People’s Bank of China’s (PBOC) Huang was on the wires stating there is less room for interest rate cuts this year as CPI is close to bank’s target.
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