BOJ Kuroda expects to meet price target around H1 FY2016 – Reuters

FXStreet (Mumbai) - Speaking to the lower house financial affairs committee on Wednesday, Bank of Japan (BOJ) Governor Haruhiko Kuroda reiterated that he expects the central bank's 2% inflation target to be met around the first half of fiscal 2016.

He further noted that there was "no discussion at all" about currency moves, including the dollar's strength, at a Group of Seven finance leaders' gathering in Germany late last month.

Kuroda added that there are many other factors that influence dollar-yen pair, "I therefore don't think we can assume that the dollar will strengthen more and more against the yen from here."

Jun 10, 2015

AUD/NZD bounces-off 1.0720, RBNZ in focus

The Australian dollar continues to underperform its New Zealand counterpart in the mid-Asian trades, now lifting AUD/NZD from session lows. The cross remains undermined largely on AUD weakness on downbeat Aus fundamentals while RBA Stevens further easing bias adds to the downside.

RBA: Case for even lower rates has strengthened - Westpac

Matthew Hassan, Senior Economist at Westpac, expects the RBA to keep rates on hold throughout 2015 and 2016, despite recognising that since the last Board meeting the case for even lower rates has strengthened.