Fed's Lacker: June good time to begin considering raising rates

FXStreet (Bali) - Fed's Lacker is crossing the wires, via Reuters, noting that June wold a good time to begin considering raising interest rates, adding that weak Q1 data transitory, inflation firming after oil slide rebounds.

Lacker also said, vi Bloomberg, that "it looks 'pretty clear' inflation is heading back to 2%", adding that he "sees weakness in spending data, strength in job market." Lastly, Lacker said there are risks in moving too late.

EUR/USD: Sellers in full control, JPY selling weigh

The US Dollar is strengthening across the board once again during the Asian session, fueled mainly by continuous buying on USD/JPY.
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BOJ Iwata: Economy on a gradual recovery path

Bank of Japan Deputy Governor Kikuo Iwata, speaking at a meeting with business leaders in Sapporo, reiterates that the Nippon economy is on a gradual recovery path.
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