USD/JPY points to rangebound between 122.00-124.00 – OCBC

In the view of Emmanuel Ng, FX Strategist at OCBC Bank, the pair remains poised for a consolidative pattern between 122.00 and 124.00...
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‘Inflation no barrier to further easing if needed’ – RBA’s Stevens

The Reserve Bank of Australia’s (RBA) Governor Glenn Stevens while speaking about issues in economic policy at the Australian Business Economists Annual Dinner, in Sydney, reiterated that inflation is no barrier to further easing, if necessary.
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