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Japanese PM Abe is back on the wires now, via Reuters, speaking ahead of the Bank of Japan (BOJ) emergency monetary policy meeting.

Key quotes

Coronavirus outbreak is having severe impact on the economy.

Economy minister to attend BOJ meeting.

Wants to discuss working together on world economy in G7 call.

USD/JPY reaction

The Japanese yen met fresh supply on PM Abe’s downbeat comments, sending USD/JPY back above 107.00. All eyes remain on the BOJ meeting for the next move.

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