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BoE's Carney: One rate rise a year for the next few years is a good rule of thumb

In an interview with BBC, Bank of England Governor Mark Carney said that one rate rise a year for the next few years more or less would get the inflation back to target over the horizon, as reported by Reuters. 

"It's actually a little too little but not much too little. If people want a rule of thumb for now I would use that with the caveat...(that) it will depend on what happens with the Brexit discussions," Carney further added.

AUD/USD recovers from 2-week lows, steadies below 0.74

The AUD/USD pair broke below the 0.74 mark during the early trading hours of the day on Thursday mark as Asian traders reacted to the FOMC's monetary
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WTI bulls taking back control, but need to clear the 21-D SMA or face supply to June swing lows

At the same time, data reportedly showing a dip in stockpiles at the domestic trading hub at Cushing, Okla, that helped to provide a boost for prices.
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