USD/JPY – Abe advisor says more easing may be needed

  • ABE ADVISER HONDA: HIGH LIKELIHOOD BOJ WILL EVENTUALLY HAVE TO EASE MORE
  • ABE ADVISER HONDA: NO PROBLEM FOR JAPAN ECON IF YEN WEAKENS BIT MORE

USD/JPY has gained on those headlines, reaching a high of 105.48. Solid offers resting between 105.70 and 105.75, stops above.

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