BOJ's Iwata: BOJ needs to be accountable if it doesn't meet 2% inflation

BOJ Deputy Governor Iwata has crossed the wires, noting that the Central Bank needs to be accountable if it doesn't meet the 2% inflation target, adding that inflation trend is steadily improving.

Feb 8, 2016

Moody's downgrades Western Australian state

Moody's downgrades Western Australian State to AA2 from AA1, changing the outlook from negative to stable.

AUD/USD: supply caps minor-recovery at 50-DMA

Having peaked at 50-DMA just ahead of 0.71 handle earlier on the day, the Aussie is seen consolidating in the upper band of 0.70 handle over the last hours.