News Headline Summary

JPY weakness to 95 or 100 Vs. USD is nothing to worry about, according to Japanese economic advisor Hamada

Says:
- BoJ shouldn't set timeline on easing as long as deflation continues.
- Should revise BoJ law.

Reaction details (15:33)

- USD/JPY immediately spiked higher by 24 pips to 90.09 from 89.85, trades at 90.12 (+24 pips) last.

18 Jan 2013 - 15:26 - - Source: Newswires

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