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BOJ's QE not that benefitial - BoJ's Kiuchi

FXStreet (Bali) - There was a quick upside reaction in the Japanese Yen ahed of the Tokyo open after BOJ's member Kiuchi said more easing may do more harm than good. The headline pulled USD/JPY awat from 102.65 towards 102.55, ahead of bids at the 102.50 level.

NZD just carried along?

The NZD/USD is in the slipstream of the Aussie while strong Australian data has helped support them both. However, the pair is meeting supply and offers are coming in around the mid point on the 0.84 handle.
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Japan: Machinery Orders (MoM) (December): -15.7% vs 9.3%

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