The AUDJPY pair was attempting a breakout in favour of the Japanese Yen despite better than expected Aussie jobs numbers.
The AUDJPY was 0.30% lower on Monday as traders await the release of the Reserve Bank of Australia's Meeting minutes tomorrow.
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.
Please sign in to view the rest of the analysis.
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 […]
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 […]
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...