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Japanese Econ Minister: External factors main reason for recent yen move

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 9, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    The Japanese Econ Minister is cosign the wires, noting that external factors are the main reason for recent yen move below the 116.00/115.50 support levels.


    Hope annual wage negotiations lead to rise in real wages

    Yen is being bought due to safe haven flows

    Negative rates shows boj's determination to end deflation

    Falling yields will lead to capex increase, but will take time to work
    For more information, read our latest forex news.

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