Forex news for Asia trading Thursday 17 November 2016
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– Philippines Q3 GDP up 7.1% y/y and +1.2% q/q. Both exceeding expectations (+6.7 and +1.1, Q2 was +7 and +2.1).
The Bank of Japan offered to buy unlimited amounts of JGBs of specific maturities today, implementing their yield curve control policy for the first time since its announcement back in September (see bullets above for more details).