Incoming BoJ Depty. Gov Uchida: Widening yield target band itself would weaken effects of easing

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Incoming Bank of Japan (BoJ) Deputy Governor Shinichi Uchida is testifying before the Japanese parliament’s Upper House on Tuesday.

USD/JPY fails to react to the dovish comments from Uchida. The pair is currently trading at 136.20, almost unchanged on the day.

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