"BOJ divided on price hike timing" – USD/JPY pops just a little greater on the session

The Financial institution of Japan Abstract is right here from earlier:

• BOJ Abstract (Oct.): Yen’s depreciation has important results

Reuters have a quick recap up, with the headline:

• BOJ divided on price hike timing, October abstract reveals

Highlighting:

• “The Financial institution ought to contemplate additional price hikes after pausing to evaluate developments within the U.S. economic system,” one member was quoted as saying
• One other member, nonetheless, mentioned the BOJ should “take time and train warning” when elevating charges, the abstract confirmed.

Looks like a little bit of a pressure to publish 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.



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