BoJ will probably keep rates on hold |
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Good morning from wonderful Hamburg and welcome to the Varengold Daily FX Report. The BOJ 2-day meeting will start today and it seems that the rates will be kept on hold. However we wish you a good start to the week. Market review The Bank of Japan will probably keep rates on hold in a signal that crumbling demand can no longer offer factories enough business to keep Japan out of recession. Otherwise, wages are stagnant while food and fuel prices go higher. The BOJ is seen as having little room
Filed under: Technical
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