MUFG says Japan rate increases will accelerate, due to more inflation pressure ...Middle East

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MUFG chairman says Japan’s rate increase will be accelerated because there is more inflation pressure.Its been an active morning in Asia for yen:USD/JPY drops towards 154.00Japanese Economic Revitalisation Minister Akazawa says crucial to boost payJapan finance minister Kato - will continue to take action on excessive FX movesUSD/JPY now off its lows: This article was written by Eamonn Sheridan at www.forexlive.com.

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