Japanese Finance Minister Aso: It won't do much good if inflation alone rises, Capex and wages must also increase – RTRS

Japanese Finance Minister Aso has said that it won't do much good if inflation alone rises, Capex and wages must also increase - Reuters reported.

Apr 10, 2019

BOJ Governor Kuroda says the 2% inflation target assists in long-run currency stability

Bank of Japan's Governor Kuroda is seeking to create conditions in which inflation accelerates in line with rises in corporate profits, wages – RTRS I

AUD/USD Technical Analysis: 50-day SMA acts as immediate support despite welcome Aussie data, symmetrical triangle also in play

The AUD/USD pair is close to the intra-day low of 0.7115 (also the 50-day SMA support) despite positive Westpac consumer confidence data from Australia.

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Japanese Finance Minister Aso: It won't do much good if inflation alone rises, Capex and wages must also increase – RTRS

BOJ Governor Kuroda says the 2% inflation target assists in long-run currency stability

AUD/USD Technical Analysis: 50-day SMA acts as immediate support despite welcome Aussie data, symmetrical triangle also in play