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BOJ: Oil expected to rise to over $40

FXStreet (Bali) - More headlines crossing the wires via Reuters, noting that BOJ's price estimates based on view crude oil expected to rise from recent $35 per bbl to over $40 towards end of projection period.

BoJ surprises markets, cuts interest rate to -0.1%

The Bank of Japan, in a surprising move, has adopted negative rates of -0.1% vs 0.1% last.
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USD/JPY jumps almost 300 pips as BOJ eases further

The USD/JPY pair saw a massive spike and broke above 121 barrier in a knee-jerk reaction the BOJ policy decision, with the central rolling out further easing by introducing negative interest rate policy.
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