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BOJ's Kuroda: Don’t expect cost-push inflation to lead to sustainable price hikes

Developing story ...

Employment, income conditions in Japan are rather weak now.

Don't expect cost-push inflation to lead to sustainable, stable price hikes.

Aiming to create virtuous growth of price hikes entailing wage gains.

CPI to maintain around 2% growth over 12 months but will lower thereafter.

USD/TRY Price Analysis: A Doji confirmation near Rising Channel upper boundary at 16.45

The USD/TRY pair is oscillating around 16.30 in the early European session. The asset has faced barricades around 16.45 last week after a firmer upsid
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EUR/USD could now advance to 1.0800 – UOB

FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang suggested EUR/USD could now head towards the 1.0800 region. Key Quotes 24-hour view: “EUR e
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