News Headline Summary

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

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

Reaction details (04:33)

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

18 Jan 2013 - 04:26 - 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: