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Negative rate policy adopted not due to QQE hitting limit – BOJ’s Kuroda

FXStreet (Mumbai) - Additional headlines from BOJ’s head Kuroda hitting the wires, as the press conference gets underway:

Negative rate policy not due QQE hitting limit

To respond to risk to biz, household sentiment

Lower real rates aimed at stimulating economy

IMF fcast shows global econ to recover gradually

Global econ fcast revised down by china, emerging

EUR/USD trims gains, back to test 1.09

The shared currency has surrendered part of its stab to recent highs in the 1.0970 area vs. the dollar, prompting EUR/USD to return to the 1.09 neighbourhood...
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RBNZ OCR: Wait and see mode – Goldman Sachs

Research Team at Goldman Sachs, notes that the RBNZ left the OCR unchanged at 2.5% in January as was expected by all surveyed local economists (including GS).
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