AUSSIE-YEN: AUD/JPY sits 30 pips above neutral.......>

AUSSIE-YEN: AUD/JPY sits 30 pips above neutral levels at Y75.38. A better than

expected Australian labour market report was responsible for the move higher as

jobs addition swelled faster than expected, triggering a downtick in the

unemployment rate. The rate eased off highs as participants realised that the

rise in employment was driven by part-time jobs, while the prior reading of the

headline figure was revised lower. That said, AUD/JPY turned north again and

currently operates just shy of its best levels. The monetary policy decision

from the BoJ wasn't a market mover as the Board stayed its hand in line with

expectations.

- The rate punched through the 200-DMA at Y75.13, which puts the Dec 13 high of

Y75.98 in focus. Meantime, a dip under yesterday's low of Y74.85 would play into

the hands of bears, opening up the 50-DMA at Y74.41.