News Headline Summary

Japanese PM Noda says 2%-3% Japan inflation target is not realistic


- BoJ shouldn't be forced to buy bonds in open market.
- Government spending on construction is failed stimulus method.

Reaction details (01:28)

- USD/JPY immediately moved 4 pips higher from 82.38 to 82.42, trades 82.44 (-3 pips) last.

03 Dec 2012 - 01:26 - Forex - Source: Newswires

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: