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India Trade Deficit Government came in at $27.1B below forecasts ($28B) in February

India Trade Deficit Government came in at $27.1B below forecasts ($28B) in February
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USD/JPY: Intervention risk and BOJ options – DBS

DBS Group economist Philip Wee warns that USD/JPY is nearing the 160 level, raising intervention risks as Japan and South Korea step up verbal defence of their currencies. Tokyo is in closer contact with US authorities, and a surprise BOJ rate hike on March 19 cannot be ruled out.
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