News Headline Summary

Japanese Economic minister Amari says JPY still in process of correcting from excessive strength

Says:

- hopes BoJ will understand PM Abe's strong hopes it will adopt 2% inflation target.
- Regrettable his JPY remark on Tuesday misinterpreted.

Reaction details (06:58)

- 3 minutes after, USD/JPY moved up by 40 pips from 88.34 to 88.74, trades 88.71 (+30 pips) last.

17 Jan 2013 - 06:55 - - Source: Newswires

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