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.

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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 […]

AUDUSD

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 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 […]