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Buy USD/JPY dips below 100.00 – BAML

ByAdam Button

Jul 29, 2016

Bank of America Merrill Lynch on the aftermath of the Bank of Japan decision
At the Monetary Policy Meeting (MPM) of 28-29 July, the BoJ decided to ease monetary policy further.

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  1. Eurozone ministers to discuss Monday how to handle Greek default if no new reform proposals arrive
  2. IMF board was briefed on Greek developments by Lagarde on Monday
  3. US trade deficit widens to USD 41.9 billion in May
  4. Japan 5-Year Jgb Auction Bid to cover Ratio 3.20

By Adam Button

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