BOJ cuts assessment on industrial production

Reuters reports the key headlines following the Bank of Japan’s (BOJ) announcement.

Maintains assessment of Japan’s economy expanding moderately as a trend.

BOJ cuts assessment on industrial production.

Industrial output is falling due to impact of natural disasters.

Core CPI moving around 0.5%.

Risks regarding overseas economy remain big so must watch impact on corporate, household sentiment.

Japan's economy likely to continue expanding moderately as a trend.

Japan BoJ Interest Rate Decision in line with expectations (-0.1%)

Japan BoJ Interest Rate Decision in line with expectations (-0.1%)
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USD/JPY remains trapped in a contracting triangle after status quo BOJ

USD/JPY is barely moving in response to the status quo BOJ rate decision and remains stuck in a contracting triangle, as seen on the 4-hour chart. The
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