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It’s important to raise wages to stimulate spending – Japan’s PM Abe

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    While speaking in parliament, Japan’s PM Shinzo Abe noted, “It’s important to raise wages to stimulate spending.”

    For JPY traders, focus now remains on Spring wage talks.

    At the time of writing, USD/JPY regains 113 handle, while the Nikkei 225 index trims losses and now trades -1.27% lower towards closing hours.
    For more information, read our latest forex news.
     

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