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BoJ’s Uchida: Will keep raising rates if economy, prices improve in line with our forecast

Bank of Japan (BoJ) Deputy Governor Shinichi Uchida said on Tuesday that the central bank “will keep raising interest rates if economy, prices improve in line with our forecast.”

Additional comments

Uncertainty surrounding each country's trade policy extremely high.

Japan's underlying inflation likely to re-accelerate after period of slowdown in growth.

Mindful that recent rise in prices have negative impact on consumption.

USD/JPY seems vulnerable near 145.00, over one-week low amid reviving safe-haven demand

The USD/JPY pair attracts fresh sellers on Monday and drops to over a one-week trough, around the 144.80 area during the Asian session.
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Gold advances to near $3,250 due to safe-haven demand, US economic concerns

Gold (XAU/USD) is recovering from recent losses, trading near $3,230 per troy ounce during Monday’s Asian session. The rebound is fueled by increased demand for safe-haven assets amid rising concerns over the US economic outlook and fiscal health.
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