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5 Mar 2013
Japan opposition official: we cannot support Iwata as BoJ deputy
According to latest headlines out of Tokyo, a Japanese democrat opposition ‘official’ has crossed the wires to say he cannot support Kikuo Iwata as a nominee for the BoJ deputy position as he has intentions to modify the BOJ law. The Yen has appreciated over 20 pips vs the US Dollar on the news, currently at 93.15.