News Headline Summary

Japan Govt. to expand reconstruction budget, according to Asahi

- Bank of Japan will consider further monetary easing at Jan. 21-22 meeting.
- BOJ will consider increasing asset-purchase program by JPY 10trl.
- BOJ officials are discussing possibility of buying assets on an unlimited basis.

Reaction details (22:50)

- No immediate reaction seen in USD/JPY, trades at 88.05 (+15 pips) last.

09 Jan 2013 - 22:42 - Forex - Source: Asahi

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