JPYINR - Ways2Capital

JPYINR trading range for the day is 62.19-62.73.

JPY remained under pressure as dollar steadied as investor caution prevailed with U.S. tariffs on Chinese goods taking effect.

Japan’s government is set to forecast overall consumer price growth of 1.5 percent in the fiscal year that starts in April 2019, a draft document showed.

The Bank of Japan is likely to cut its price growth forecasts at a policy meeting later this month as long-term inflation expectations stall, sources said.

SELL JPYINR JUL 2018 @ 62.30 SL 62.45 TGT 62.18-62.05. NSE

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