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28 Nov 2022

Japan’s PM Kishida: Govt and BoJ must work closely to achieve long-term price stability

Japapanese Prime Minister Fumio Kishida said on Monday, “it is critical for the government and the (Bank of Japan) BoJ to collaborate closely and respond flexibly in order to achieve long-term, stable inflation.”

Additional quotes

Agreed with BoJ’s Governor Kuroda to achieve the price target while also achieving structural wage growth.

The government and the BoJ will base policy on the understanding of the 2013 joint statement.

Nov 28, 2022

GBP/JPY drops towards 167.00 as China-linked fears join woes of UK’s nationwide strikes

GBP/JPY renews its intraday low around 167.00 during early Monday while bracing for the biggest daily fall in a fortnight as risk-aversion joins pessi
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Nov 28, 2022

AUD/USD slides over 1.0% as China’s Covid woes join worrisome Aussie data, RBA’s Lowe

AUD/USD justifies its risk-barometer status as it slumps to 0.6680 during early Monday, marking more than 1.0% daily loss amid the sour sentiment. In
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