Kuroda: BoJ monetary stimulus having positive effect on economy

During a meeting with credit cooperative officials on Friday, Bank of Japan head Haruhiko Kuroda assured that the central bank's injections of monetary stimulus had been having favorable effects on the Japanese economy. He projected further gradual recovery and quicker annual Core CPI growth.
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USD/JPY upwards; is the 50% recent correction pullback over?

The USD/JPY is caught amidst a tight range today, after the yesterday’s sharp pullback on profit-taking after the cross touched the 99.00 area.
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