11 Feb 2015
AUD/JPY: Steady ahead of key Australia data
FXStreet (Guatemala) - AUD/JPY is currently trading at 92.80 with a high of 93.10 and low of 92.46.
AUD/JPY is steadier and tucked in below the highs on the 93 handle. The Yen has been taken for a ride by the dollar up through the psychological 120 handle, although struggles at 120.50 as US stocks tail off and caps AUD/JPY also while the Aussie continues to be pressured from commodity prices and divergence between the Fed and RBA's outlook.
Tonight gives us key unemployment and employment change numbers while yesterday we were given very positive household finances and consumer confidence picking up, which is one aspect that the RBA wish to achieve through easing of monetary policy.
AUD/JPY is steadier and tucked in below the highs on the 93 handle. The Yen has been taken for a ride by the dollar up through the psychological 120 handle, although struggles at 120.50 as US stocks tail off and caps AUD/JPY also while the Aussie continues to be pressured from commodity prices and divergence between the Fed and RBA's outlook.
Tonight gives us key unemployment and employment change numbers while yesterday we were given very positive household finances and consumer confidence picking up, which is one aspect that the RBA wish to achieve through easing of monetary policy.