BoJ Kuroda: Correction of Yen strength positive for the Japanese economy

FXStreet (Bali) - Further comments from BoJ Governor Kuroda are crossing the screens, following the bombshell thrown towards the end of the Asian session, now saying that the correction in Japanese strength has been a positive developments for the Japanese economy.

RBNZ to lower the benchmark rate by 25bp - RBS

The RBS FX Strategy Team expects the RBNZ to lower the benchmark rate by 25bp when they meet Thursday morning in New Zealand.
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Broad based USD sell-off pushes GBP/USD above 1.54

The capitulation of the USD longs triggered by a sell-off in the USD/JPY pair pushed the GBP/USD to a session high of 1.5421 levels.
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