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RBNZ’s Orr: Exchange rate has been "remarkably well behaved in recent times"

Further comments out from the Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr, this time speaking on the currency and inflation in his presser.

The FX rate has been remarkably well behaved in recent times.

Inflation expectations are well anchored.

Open minded on capital requirement submissions.

AUD/USD clocks one-week highs above 0.7120

The AUD/USD pair jumped to seven-day highs above 0.7120 earlier today, possibly tracking the sharp gains in the NZD.  The Kiwi dollar jumped 100 pips
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Moody's official: Opportune time for Japan to hike sales tax - Reuters

Japan could still go ahead with the planned sales tax hike because risks posed by trade tensions are likely temporary, a senior official at ratings ag
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