18 Feb 2015
AUD/JPY drops below 93.00
FXStreet (Córdoba) - AUD/JPY retreated on Wednesday before FOMC minutes from 3-week highs back below 93.00 amid a weak Australian dollar.
AUD/JPY trims weekly gains
After bottoming at 91.57, the pair rallied and peaked yesterday at 93.34 as the yen tumbled across the board and posted the highest close since January 26. Today AUD/JPY is falling modesty, unable to hold above 93.00 but still holds near February highs.
During the American session the pair bottomed at 92.65 and currently trades at 92.80, down 0.50% for the day so far. In a few minutes the Federal Reserve will release the minutes of the January meeting and could impact the currency market.
AUD/JPY trims weekly gains
After bottoming at 91.57, the pair rallied and peaked yesterday at 93.34 as the yen tumbled across the board and posted the highest close since January 26. Today AUD/JPY is falling modesty, unable to hold above 93.00 but still holds near February highs.
During the American session the pair bottomed at 92.65 and currently trades at 92.80, down 0.50% for the day so far. In a few minutes the Federal Reserve will release the minutes of the January meeting and could impact the currency market.