December Japanese Yen futures surrender overnight gains to trade slightly higher on the session, resuming a weekly decline of roughly 0.45%. The Bank of Japan holds its policy rate at 1.25% in an 8-to-1 vote, as underlying inflation hits the 2% target for the first time. Tokyo October headline inflation reaches 2.8%, above expectations, while September industrial production climbs 2.2% and unemployment falls to 2.4%.
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