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16 Dec 2014
AUD/JPY bears lining up for a run on 96.00?
FXStreet (Guatemala) - AUD/JPY is trading at 96.83, up 0.19% on the day, having posted a daily high at 96.99 and low at 96.63.
AUD/JPY has been pressured lower in a continuation in risk-off markets threatening the 96.00 supporting level up ahead. The Yen made fresh highs while the Aussie made fresh four-year lows, which leads the bears in the cross along.
Up today from the calendar, China’s HSBC Manufacturing PMI’s for Dec will be available before the PBOC’s later in the month. Domestically from Australia’s own economy, we have the RBA’s minutes where the language may have changed somewhat given Stevens recent rhetoric.
We will also get a speech from Guy Debelle, the RBA’s Assistant Governor, at the 27th Australasian Finance and Banking Conference, Sydney taking on “International Business Forum: Global Financial Stability”.
AUD/JPY has been pressured lower in a continuation in risk-off markets threatening the 96.00 supporting level up ahead. The Yen made fresh highs while the Aussie made fresh four-year lows, which leads the bears in the cross along.
Up today from the calendar, China’s HSBC Manufacturing PMI’s for Dec will be available before the PBOC’s later in the month. Domestically from Australia’s own economy, we have the RBA’s minutes where the language may have changed somewhat given Stevens recent rhetoric.
We will also get a speech from Guy Debelle, the RBA’s Assistant Governor, at the 27th Australasian Finance and Banking Conference, Sydney taking on “International Business Forum: Global Financial Stability”.