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Breaking: BoJ stands pat on monetary policy, USD/JPY drops

At the final monetary policy meeting of this year, the Bank of Japan (BoJ) board members decided to maintain their monetary policy settings in December, leaving rates unchanged at -10bps and 10yr JGB yield target steady at 0.00%.

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USD/JPY slumps +200 pips to sub-135.00s despite Bank of Japan inaction

USD/JPY stands on slippery grounds near 134.80, losing nearly 200-pips on the Bank of Japan’s (BOJ) inaction during early Tuesday. That said, the BOJ
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