RBA Can and Will Bring Down Inflation, Deputy Governor Says

Australia’s central bank can and will bring down inflation, Deputy Governor Andrew Hauser said on Friday, warning that unchecked price increases are “toxic” and pointing out they have caused wars in past eras.

BNN BloombergJun 7 02:04 ET

Japanese Yen Loses Ground Due to Decline in Japan's Foreign Reserves

The Japanese Yen (JPY) consolidates on Friday following the Japanese Foreign Reserves released by the Ministry of Finance for May, dropping significantly to $1,231 billion in May from $1,279 billion.

FXStreetJun 7 00:02 ET

Most observers expect that the Bank of Japan will decide to reduce its bond purchase size next week.

More than half of the surveyed observers from Japan's central bank expect that the Bank of Japan will decide to reduce the scale of government bond purchases at next week's meeting.

Zhitong FinanceJun 6 20:50 ET

Japan's Suzuki Says to Consider the Effectiveness of Intervention

Japanese Finance Minister Shunichi Suzuki said on Friday that he will take action against excessive currency volatility when necessary and will consider the effectiveness of intervention.

FXStreetJun 6 20:41 ET

Japan's Households Boost Outlays First Time in 14 Months

Japan’s households boosted spending for the first time in 14 months in a sign that private consumption may finally stop exerting a drag on growth as central bank officials prepare to discuss policy next week.

BNN BloombergJun 6 20:10 ET

AUD/JPY Rises to Near 104.00 as Australia's Trade Surplus Widens

AUD/JPY continues to gain for the second successive day, trading around 103.90 during the European session on Thursday.

FXStreetJun 6 04:52 ET