JPYINR Trading Range For The Day Is 59.06-59.57

JPY traded in range after trade data and comments from the finance ministry as markets traded cautious ahead of French polls at the weekend.Japan posted a merchandise trade surplus of 614.722 billion yen in March, the Ministry of Finance said - down 17.5 percent on year.Japan's Finance Minister said there would be "various problems" if the BOJ resorted to helicopter money as this would undermine the central bank's independence.

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