JPY Trading Outlook (19-02-2013)

The Japanese Yen (JPY) The USD/JPY was once again in focus in the Asian session with PM Abe right off the bat post G20 coming out swinging regarding the easy monetary policy and the political willingness to achieve a 2% inflation target. He threatens to repel the BOJ independence law and stated he would choose a new BOJ Governor that agreed with the Government’s inflation target.

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