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Kuroda: BoJ has no set time limit on QQE

FXStreet (Bali) - Bank of Japan (BOJ) Governor Kuroda is speaking before an upper house committee in Japan’s parliament, making his usual remarks towards the economy, monetary polices and the Japanese Yen.

Key headlines (Reuters)

Weak yen may spur some japan firms to shift back production to japan, but any such change won't happen rapidly

We feel that yen's weakening from excessive rises, reflecting fundamentals, is positive for economy 

Japan firms look not just at fx levels, but pace of moves, in making business decisions 

BoJ has no set time limit on QQE

BoJ will maintain qqe until 2 pct inflation is achieved in stable manner

Focus on US real activity data - RBS

There will be renewed focus on US real activity data on Thursday, with the release of industrial production, the Philadelphia Fed index, and weekly initial jobless claims
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