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Analysis details (22:53)
- 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.
10 Jan 2013 - 22:48 - - Source: Yomiuri/IFR/RANsquawk
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