The AUDJPY pair was attempting a breakout in favour of the Japanese Yen despite better than expected Aussie jobs numbers.
AUDJPY
AUDJPY Drifts Lower Ahead of RBA Minutes Release
AUDJPY Bullish Posture Holds Ahead of Japanese GDP
The AUDJPY was flat last week as traders await the next catalyst for the pair. Tomorrow sees the release of final GDP figures for the Japanese economy's second quarter. Similar releases in other developed countries have seen some nations undershoot expectations slightly, but this has not moved currencies much, with country's already committed to large stimulus efforts.
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AUDJPY Higher: RBA Keeps Rates Steady but Ramps Up Bank Lending
The AUDJPY was mixed on the day after the Reserve Bank of Australia kept the key interest rate at 0.25. The move was very much expected after Governor Philip Lowe had said that the 0.25 bound was the lowest the bank could go. A surprise announcement came in the form […]
AUDJPY Gives Up Gains as Abe Resigns and RBA Meeting Looms
The AUDJPY exchange rate was flat on the day despite an early rally on the resignation of long-serving Japanese Premier Shinzo Abe. The Prime Minister’s decision is not a complete shock due to recent health problems, but it still leaves a lot of questions for traders over Japan’s policy in […]
Market Brief: Nikkei 225 Up, Hang Seng Index Recoups Losses on Trade Deal & China GDP
The Nikkei 225 finished higher in today’s trading by 108.1 points or 0.45% at 24,041.3. Meanwhile, the Hang Seng Index is trading slightly lower at 8,863.3 by 12.5 points or 0.04%. It would seem that the Nikkei 225 was in the green and the Hang Seng Index were able to [...]
Week Ahead: CPI and Retail Sales from the US and UK; Chinese Data to Move AUDJPY?
Next week is going to be another busy week in the markets with a handful of economic reports due for release. Of course, with them come opportunities to trade high-probability set-ups. US CPI and US Retail Sales, ECB Meeting Minutes On Tuesday, the inflation data from the US for the [...]
AUDJPY Slumps as US-Iran Escalation Up Risk-Off Sentiment
Risk-off sentiment returned to the financial markets on Friday after the Pentagon confirmed that a US drone strike had killed a top Iranian commander, triggering a sell-off in the AUDJPY pair. This latest US-Iran escalation placed several commodity currencies such as the Australian Dollar on offer, while triggering safe-haven demand...
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