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Japan's trend in inflation is constantly improving – BOJ Kuroda

FXStreet (Mumbai) - Speaking in Parliament's Lower House Financial Affairs Committee today, the Bank of Japan's (BoJ) Governor Haruhiko Kuroda said Japan's trend in inflation is constantly improving, due to a tightening production gap and rising inflation expectations.

He further stressed, anchoring inflation expectations near 2% is very important in achieving the central bank's price stability goal.

"Japan is steadily wiping out a deflationary mindset," Kuroda told legislators on Thursday.

Eurogroup meeting: No official statement, focus on press leaks – TDS

The Eurogroup meeting won’t end with an official statement, which will keep the markets reactive to the press speculation through weekend, notes TD Securities.
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EUR/GBP off highs, back below 0.7200

A bout of buying interest around the euro briefly pushed EUR/USD beyond the 0.7200 mark, posting fresh 4-day highs at the same time...
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