Free Trial

AUSSIE-YEN: AUD/JPY has added 13 pips and last.......>

ASIAN MARKETS, AUSSIE-YEN
AUSSIE-YEN: AUD/JPY has added 13 pips and last trades at Y73.43. Bulls look for
a rally through Jun 16 high of Y75.09, which would bring Jun 8 high of Y76.79
into view. Bears need a fall through Jun 12 low of Y72.53 & the 200-DMA at
Y72.27 to gain some fresh momentum.
- Japan's core CPI deflation continued in May, per today's release.
- The BoJ is about to release the minutes from its April monetary policy meeting
shortly. Later in the day, Australian Bureau of Statistics will publish
preliminary retail sales for May.

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.