South Korea FX Reserves declined to 370.82B in July from previous 374.75B

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Aug 5, 2015

BoJ expected stick - BAML

Analysts at Bank of America merrill Lynch explained that the Bank of Japan (BoJ) will hold its next monetary policy meeting on 6-7 August.

AUD/USD rallied on Stevens, downside limited - FXStreet

Valeria Bednarik, chief analyst at FXStreet, explained that the Australian dollar soared yesterday as the RBA kept rates on hold, but particularly because Governor Glenn Stevens signalled that the latest plunge in the Aussie has done enough to boost the economy.