JPYINR - Ways2Capital

JPYINR trading range for the day is 61.24-61.85.JPY gained as investors locked in gains on a recent rally in the dollar as the 10-year Treasury yield hit the psychologically important 3% level for the first time since 2014.

Japan will consider ditching its ultraloose monetary policy as soon as inflation meets the 2% inflation target, Bank of Japan Gov. Haruhiko Kuroda told.

Producer prices in Japan were up 0.5 percent on year in March, the bank of Japan said.

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