RBA’s Stevens: Monetary policy balance about right currently

FXStreet (Bali) - RBA’s Stevens, on his Q&A time at the Anika Foundation speech, said that the RBA has monetary policy balance about right currently.

Jul 22, 2015

USD/JPY: Yen riding higher on BOJ Kuroda

The Japanese currency remained better bid versus the US dollar in the mid-Asian session, keeping USD/JPY in red below 124 levels. The major remains largely subdued after the yen received fresh impetus from Bank of Japan (BOJ) Kuroda’s comments while the greenback also retreated on profit-taking.

RBA’s Stevens: Monetary policy balance about right currently

USD/JPY: Yen riding higher on BOJ Kuroda

Japan All Industry Activity Index (MoM) down to -0.5% in May from previous 0.1%