USD/JPY Little Changed

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USD/JPY is trading at 123.98, down 0.08. The pair is trading choppy. Market talk about U.S. economic data reported earlier today is making the rounds. The IMF came out and said that deflation risks remain and in the medium term sees inflation for Japan at 1.5 percent and they are said the Bank of Japan should stand ready to ease monetary policy further.
Posted In: FuturesForexMarketsJapanese Yenyen
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