MUFG chairman says Japan’s rate increase will be accelerated
because there is more inflation pressure.
Its been an active morning in Asia for yen:
- USD/JPY drops towards 154.00
- Japanese Economic Revitalisation Minister Akazawa says crucial to boost pay
- Japan finance minister Kato – will continue to take action on excessive FX moves
USD/JPY now off its lows:
This article was written by Eamonn Sheridan at www.forexlive.com.
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