JPYINR trading range for the day is 65.13-65.65.
JPY remained supported helped by optimism over U.S.-China trade negotiations and a dovish-sounding Fed which has curtailed the U.S. currency’s strength.
Retail sales in Japan were up a seasonally adjusted 0.9 percent on month in December, the Ministry of Economy, Trade and Industry said.
The Bank of Japan kept its monetary policy unchanged, but downgraded the inflation forecasts, primarily driven by a sharp fall in oil prices.
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