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Kuroda Q&A: Has an open mind on direction of policy

BOJ Governor Kuroda now addressing the Q & A session, following his dovish comments on the monetary policy.

Headlines via Reuters:

Have no specific idea now on how comprehensive assessment will affect direction of monetary policy

I am not too pessimistic on outlook of China's economy

Expect China's economy to achieve fairly stable growth due in part to govt stimulus steps

Can deepen rates further into neg territory, but we must consider the costs

Being near full-employment hasn't yet buoyed ages or prices

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Bid tone around JPY strengthened following Kuroda’s comments, courtesy of which GBP/JPY cross snapped its four-day winning streak. Hovers around 138.
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GBP/USD testing supply around 23.6% Fibo

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