Fitch affirms Japan’s A rating, outlook Stable

The US-based Fitch Ratings is out with its latest credit rating review report on the Japanese economy, affirming Japan’s sovereign credit rating at A with the outlook Stable.

Fitch Ratings noted that the affirmation is due to Japan's intrinsic financial strengths, although warned that they could erode over time unless effective reforms to boost growth and address the public debt burden.

USD/JPY remains bid after status quo BOJ

USD/JPY remains on the hunt for 110.00 after the Bank of Japan (BOJ) kept key policy tools unchanged as expected.  The decision on maintaining yield
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EUR/JPY Technical Analysis: trapped in a triangle, BOJ trims inflation and growth forecasts

The EUR/JPY pair is currently trapped in an ascending triangle, as seen in the 4-hour chart. As of writing, the JPY cross is trading at 124.62.  The
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