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‘Japan is steadily wiping out a deflationary mindset’ – BOJ’s Kuroda

FXStreet (Mumbai) - Japanese trend inflation is rising steadily as a moderate recovery is taking hold in the country, Bank of Japan (BOJ) Governor Haruhiko Kuroda reiterated when he appeared before Japanese Parliament today.

"Japan is steadily wiping out a deflationary mindset," Kuroda told parliament.

Earlier this week, Kuroda said that financial markets in Japan may be caught out when the central bank hits its 2% inflation target and interest rates in the country gradually go up.

GBP/USD eyeing 1.5100 – CharmerCharts

Carol Harmer of CharmerCharts, maintains a bullish outlook on GBP/USD as long as the pair remains above 1.4900, and holding above 1.4900 will pave way for 1.5100 levels.
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German yields drop on weak data

German bond yields dropped after the weak private sector data underscored the size and duration of of the ECB’s marathon QE program in buttressing the Eurozone’s fragile economic recovery.
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