News Headline Summary

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

Says:

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

Reaction details (19:28)

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

02 Dec 2012 - 19:26 - Forex - Source: Newswires

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