Australia AiG Performance of Services Index up to 47.9 in October from 47.1

Nov 5, 2013

AUD/NZD heading south ahead of the RBA’s decision?

AUD/NZD seems to be retracing from session highs ahead of the RBA interest rate decision and manufacturing results releases in Australia and China.

USD/JPY trading just above flatline after modest pullback on Monday; upside target 99.80

The USD/JPY cross finished the first session of the week slightly lower – a welcome opportunity while Japanese markets were closed to let out some of the pressure so that the cross doesn’t become too overbought.