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BOJ’s Kuroda: Hope BOJ’s step helps ease private-sector corporate funding via loans from financial institutions

The Bank of Japan (BOJ) Governor Haruhiko Kuroda said on Tuesday, he hopes BOJ’s step helps ease private-sector corporate funding via loans from financial institutions.

The BOJ took the extremely rare step of paying 0.1% interest to financial institutions that tap its loan programme aimed at combating pandemic, he said.

EUR/USD: Looking for a loophole in the range

EUR/USD momentum is positive as the pair trades above the 50 SMA, yet below the 100 and 200 SMAs. All in all, the picture is mixed, FXStreet’s analyst
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USD/JPY sits at six-week lows near 106.50 ahead of US GDP, FOMC

Having reached the lowest levels in six weeks at 106.51 in Asia, USD/JPY has entered a phase of downside consolidation, as a sense of calm prevails ah
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