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FXlte
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Forex Long term evolution
Forex Long term evolution

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BOJ's Kuroda: Oil drop is key reason for downgrades in price outlook

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BOJ governor Haruhiko Kuroda
Overseas downside risks are heightening
Mainly due to US-China trade friction and European problems
Will monitor if downside risks affect price growth
Doesn't think overseas risks are enough to alter main view
US-China trade friction likely heading towards a resolution
Prolonged trade friction is a negative for both sides
Inflation expectations are one of the downside risks, needs careful watching
Once again, nothing out of the ordinary so far by Kuroda - as expected. USD/JPY sits at 109.65 on the day, barely changed from when he started speaking earlier.
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