Japanese Yen Edges Lower, Influenced by Dovish Remarks From BoJ's Adachi

The Japanese Yen (JPY) continues to weaken on Wednesday, influenced by a broad market downturn driven by risk aversion sentiment.

FXStreet23:49 ET

Australia's inflation unexpectedly heats up in April, and the Reserve Bank of Australia's “higher for longer” argument is once again supported

Australia's inflation in April was faster than expected, which indicates that price pressure is still strong and provides support for the Reserve Bank of Australia to keep interest rates at a 12-year high next month.

Zhitong Finance23:06 ET

BOJ's Adachi Says Further Policy Changes Need to Proceed Carefully

The Bank of Japan will need to proceed with any further policy changes carefully, policy board member Seiji Adachi said, stressing that the central bank's decision to end easing measures wasn't a shift toward monetary tightening.

WSJ22:10 ET

Australia's Elevated Inflation Suggests RBA to Extend Rate Pause

Australia’s inflation came in faster than expected in April, suggesting price pressures remain stubbornly strong and bolstering the case for the Reserve Bank to keep interest rates at a 12-year high next month.

BNN Bloomberg21:55 ET

BoJ's Adachi: Central Bank Must Maintain Accommodative Financial Conditions Until Price Goal Achieved

Bank of Japan (BoJ) board member Seiji Adachi stuck to his dovish rhetoric during his speech on Wednesday.

FXStreet21:53 ET

Australia's Monthly CPI Inflation Rises to 3.6% YoY in April Vs. 3.4% Expected

Australia’s monthly Consumer Price Index (CPI) increased at an annual pace of 3.6% in the year to April, having risen 3.5% in March, data published by the Australian Bureau of Statistics (ABS) showed Wednesday.

FXStreet21:32 ET