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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.

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.
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