AUDJPY was 1% higher on the day after the Reserve Bank of Australia slashed interest rates and announced a program to buy government bonds.
AUDJPY
AUDJPY: A Dovish RBA Could Send the Pair 600 Pips Lower
AUDJPY was higher on Monday as the market bounced from Friday's close below support. The Reserve Bank of Australia announces interest rates tomorrow and the technical setup could see a 600 pip move lower in the days ahead if the bank surprises markets.
Why is the Aussie Dollar Falling Across Board? Here’s Why
The Australian Dollar is today’s worst-performing currency among the FX majors, falling across the board against the US Dollar, Japanese Yen and Euro. What is responsible for this drop despite slightly better than expected employment data? A few minutes before the release of the Australian Employment data, I was able […]
AUDJPY Hits Resistance – Will the RBA Surprise Markets Tomorrow?
The AUDJPY pair has retreated from resistance as the Reserve Bank of Australia gets ready to announce its latest interest rate decision. The RBA meets on Tuesday with traders expecting the bank to hold firm on the current 0.25% lending rate. Analysts have priced in a 40% chance of a rate […]
AUDJPY Attempts a Breakout Despite Stronger Aussie Jobs Data
The AUDJPY pair was attempting a breakout in favour of the Japanese Yen despite better than expected Aussie jobs numbers.
AUDJPY Drifts Lower Ahead of RBA Minutes Release
The AUDJPY was 0.30% lower on Monday as traders await the release of the Reserve Bank of Australia’s Meeting minutes tomorrow.
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 [...]