WAYS2CAPITAL UPDATE – JPYINR

JPYINR trading range for the day is 61.78-62.47
JPY traded in range as more signs of stabilization in the Chinese economy and an upbeat start to the U.S. earnings season prompted investors to abandon the safe-haven currency.
BOJ Kuroda said the central bank was ready to expand monetary stimulus if needed, brushing aside the view the BOJ had little ammunition left to fight the next economic downturn.
The M2 money stock in Japan was up 2.4 percent on year in March, the Bank of Japan said – coming in at 1,012.7 trillion yen.
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