News Headline Summary

BoJ may keep easing until 2% inflation target is reached, according to Yomiuri

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Update details:

- Earlier today, Abe said the BoJ should target employment.
- The combination of these comments has prompted continued weakness in the JPY since the late US early Asian session.
- There has also been market talk of a Japanese investment bank triggering stops in JPY crosses.
- Small option barriers at 89.00 in the USD/JPY have been knocked out.

Print 22:49, 10 Jan 2013 - Asian News - Source: Yomiuri/IFR/RANsquawk