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FOREX-Dollar snaps five-week losing streak; eyes on PMI data - Vimarsana News

FOREX-Dollar snaps five-week losing streak; eyes on PMI data

Data out on Thursday showed that New Zealand's consumer price inflation was lower than expectations in the first quarter, though it remained near historic highs. Meanwhile, in Asia, Japan's elevated inflation figures kept alive market expectations that the BOJ could phase out its massive stimulus programme later this year, with all eyes now on next week's BOJ policy meeting, the first to be chaired by new central bank Governor Kazuo Ueda.