MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1843 Weds; -1.22% Y/Y

MNI BRIEF: Japan Nov CGPI Rises 3.7% Y/Y, Import Prices Drop

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

MNI China Daily Summary: Tuesday, December 10

MNI: JAPAN NOV CORP GOODS PRICE INDEX +3.7% Y/Y; OCT REV +3.6%

MNI: USDA: 2024/2025 CORN PRODUCTION EST 15.14B BSL

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

AUD/JPY: Supported At ¥92 Post-BOJ, RBA In View

AUD

AUD/JPY was supported below the ¥92 handle in volatile trade post BOJ on Friday, after falling ~2% the pair unwound losses and ticked higher through the European and NY session to finish Friday~0.3% higher.

  • The pair sits at ¥93.75/85, and is little changed in early dealing on Monday.
  • Bull's immediate focus is on a break of the ¥94 handle which opens the 20-Day EMA (¥94.72) and the high from 26 July (¥95.90).
  • On the downside bears look to break the 200-Day EMA (¥92.34) and the low from 28 July (¥91.80) which opens the low from 1 June (¥90.30).
  • The highlight of the week is the RBA's monetary policy decision, the decision looks to be split between a hold at 4.10% and a 25bp hike to 4.35%.
  • On the wires shortly June Retail Sales and Industrial Production from Japan cross also due today is Australian Private Sector Credit and Melbourne Institute Inflation.
BulletMarketsForeign Exchange BulletsHomepage
BulletMarketsForeign Exchange BulletsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.