Forex Market News

JPYINR Trading Range For The Day Is 58.26-58.93.

JPY dropped as the dollar rose buoyed by the release of bullish housing data. BOJ’s Kuroda said the current pace of QQE, is set to continue indefinitely and there’s no chance of Japan’s monetary stimulus program being cut back any time soon.“The BoJ will continue its ultra-easy monetary policy to achieve its 2% inflation target at the earliest date possible,” he said.
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