Euro Bull ahead of LTRO Repayment Indication

January 25, 2013 by  
Filed under FX News

Market Brief The Asian markets closed the week on a mixed risk sentiment. The Japanese CPI remained weak, as Japan December Core CPI fell-0.1% y/y, -0.2% ex-Food and -0.6% ex-Food & Energy, while Tokyo January CPI decreased by -0.6%, -0.5% ex-Food, and -0.9% ex-Food & Energy. As the decreasing prices kept worrying, the Japanese FinMin Aso stated that the BoJ aim to beat the deflation, rather than to manipulate the currency. In reaction, Yen weakness broadened overnight. JPY lost

FXstreet.com: Fundamental

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