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JPY on the back foot after the BoJ downgraded...>

YEN
YEN: JPY on the back foot after the BoJ downgraded its inflation forecast, some
had suggested that this could happen. No change elsewhere, 8-1 vote, Kataoka the
lone dissenter as ever.
- USDJPY prints a high of Y110.80, just shy of Y110.84 (the high from June 13),
JPY reverses most of the earlier modest outperformance.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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