Moody's affirms Japan's A1 rating, maintains a Stable outlook

Moody’s Investors Service, a ratings agency, in its latest report, affirmed Japan's A1 ratings while maintaining a stable outlook.

Moody's said that “their action reflects the expectation that Japan's capacity to carry its very large debt burden remains intact.”

GBP/USD consolidates below 1.2300, awaits BoE's Bailey and Fed Chair Powell's speech

The GBP/USD pair lacks any firm intraday direction on Wednesday and oscillates in a narrow band below the 1.2300 mark during the Asian session.
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WTI drops to over three-month lows on increased supply, trades near $77.20

Western Texas Intermediate (WTI) rebounds from over three-month low, struggling around $77.20 per barrel during the Asian hours on Wednesday as US Dollar aims to recover the losses registered during the previous week.
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