The Financial institution of Japan Abstract is right here from earlier:
- BOJ Abstract (Oct.): Yen’s depreciation has vital results
Reuters have a short recap up, with the headline:
Highlighting:
- “The Financial institution ought to think about additional charge hikes after pausing to evaluate developments within the U.S. financial system,” one member was quoted as saying
- One other member, nonetheless, stated the BOJ should “take time and train warning” when elevating charges, the abstract confirmed.
Looks as if a little bit of a pressure to put up a headline about, however that is what’s being taken from the Abstract.
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USD/JPY replace:
This text was written by Eamonn Sheridan at www.forexlive.com.