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BOJ moving towards rate hike at this week’s meeting – report

The BOJ decision is on Jan 24 and the market is pricing in about an 85% chance of a hike so this report isn’t a surprise.

USD/JPY is modestly lower and at the lows of the day at 155.42.

Update: This report was out much earlier today.

This article was written by Adam Button at www.forexlive.com.

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