RBNZ's Wheeler: Committed to supporting economic growth

FXStreet (Bali) - RBNZ's Governor Wheeler just crossed the wires, saying that he is committed to support economic growth, adding that the RBNZ will run policy to avoid damage of high inflation. The NZD is barely changed on the comments.

USD/JPY dependent on US yields, 106.00 by year-end - JPMorgan

JP Morgan FX Strategists maintain their year-end target of 106.00 in USD/JPY.
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Japan's FinMin down-plays setback in Japanese household spending

Following today's setback in Japanese household spending, which came at -8.0% vs -2.0% exp and -4.6% last, Japan's FinMin Aso crossed the wires via Reuters, saying that the fall in household spending is within expectations and that it may be due to a reaction to April sales tax hike.
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