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Forex Trading News: BOJ Shirakawa on the Wires

Posted by Mr. Danish FX on Tue, 05/20/2008 - 3:38am in

Highlights from Shirakawa:

BOJ WILL IMPLEMENT FLEXIBLE POLICY; SPENDING FORMATION IN THE ECONOMY IS WEAKENING

- BOJ is monitoring consumer inflation expectations

- Higher commodity prices are affecting capex

- Japanese terms of trade are worsening