BOJ Kuroda: Inflation expected to reach 2% around H1 FY 2016

FXStreet (Bali) - BOJ Governor Kuroda is crossing the wires, noting that inflation is expected to reach 2% around in the first semester of the fiscal year 2016, Bloomberg reports, adding that the inflation mindset has changed in the last 2 years, despite weak wage growth had a negative impact on spending during the fiscal year 2014.

May 15, 2015

USD/JPY rejected at 119.50

The US dollar stalled its advance and retraced slightly against the Japanese yen in the mid-Asian session, with USD/JPY facing rejection at 119.50 – crucial psychological levels, after a sudden spurt of USD buying pushed the major higher.

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May 15, 2015

ECB's Weidmann criticizes weekly ELA extensions for Greece

Speaking to the German newspaper Handelsblatt on Thursday, European Central Bank (ECB) Governing Council member Jens Weidmann showed no sign of easing off on his tough Greek stance, as he criticized the emergency support which the ECB has been giving to bleeding lenders in the country.

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