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Yen gains as BOJ policymakers fret about QE costs

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The yen rose on Tuesday after Bank of Japan (BOJ) minutes showed the hurdle to further quantitative easing (QE) was high and as the US dollar struggled to make headway before a second reading of US growth data.

London

THE yen rose on Tuesday after Bank of Japan (BOJ) minutes showed the hurdle to further quantitative easing (QE) was high and as the US dollar struggled to make headway before a second reading of US growth data.

Minutes of the last BOJ meeting showed board members expressing

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