BOJ's Harada: Rates will increase if economy recovers

Bank of Japan policy board member Yutaka Harada says at forum in Boao, China, that interest rates will increase if economy recovers, Reuters reports, adding that there is no asset bubble in Japan.

Mar 25, 2016

AUD/USD: bulls clinging to 0.75 handle

AUD/USD is attempting to hold on to the 0.75 handle, but is pressured in Asia below the highs of 0.7535. AUD/USD remains within a tight range around the 0.75 handle in a mixed environment after a dovish FOMC last week yet hawkish Fed members speaking and commenting this week.

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Mar 25, 2016

USD/JPY: Expect BoJ to cut by 20bp in April – Danske Bank

Research Team at Danske Bank, notes that the Japanese GDP contracted 0.3% q/q in Q4 15, and they see a high risk of a technical recession in Q4-Q1 with yet another negative growth rate in Q1.

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