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8 Jun 2017
BOJ is said to re-calibrate communications on future exit – BBG
Bloomberg quoted people with knowledge of discussions at the Japanese central bank, citing that the BOJ is re-calibrating its communications to acknowledge that it is thinking about how to handle a future exit from monetary stimulus, without giving the impression that this is on the agenda anytime soon.
Meanwhile, the yen buyers appear to have returned on the above-mentioned headlines, knocking-off USD/JPY to daily troughs near 109.60.