Monetary policy decisions are upto the BOJ – Japan’s Amari

FXStreet (Mumbai) - Japan’s economy Minister Akira Amari was on the wires declining to comment on the monetary policy as it could create confusion.

Amari maintained that monetary policy decisions are upto the Bank of Japan (BOJ). A few minutes back government officials also said they are watching currency markets. The comments are hardly surprising since the Yen has strengthened across the board in the New Year due to risk aversion.

UK labour data highlights the positives - ING

James Knightley, Research Analyst at ING, notes that the UK labour data looks pretty decent with employment growth in the 3M to November rising 267k and the unemployment rate falling to 5.1%, both are better than the 235k and 5.2% consensus predictions.
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GBP/USD Bulls offered respite on UK data, 1.4190 tested

The GBP bulls found the much-need impetus from the somewhat upbeat UK employment report and pushed the cable higher from multi-year troughs.
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