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Yen continues to rally great pick from @heidstertrades
how long does that last? Japan cutting JGB purchases
the inflation Japan is seeing is temporary and due to transportation – not food inflation (even though that is what the BoJ survey talked about – based on what people THINK the prices will do in the future – just as reliable as pollsters doing presidential elections)
Now if you think oil will hit $80 a barrel, which would drive up inflation, it will also hurt consumption.
The soft USD isn’t helping their cause import wise
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