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AUSSIE-YEN: AUD/JPY sits at Y78.32 heading into......>

ASIAN MARKETS, AUSSIE-YEN
AUSSIE-YEN: AUD/JPY sits at Y78.32 heading into the release of the  Aussie
labour market report, a handful of pips higher on the day. This comes after the
rate added ~35 pips Wednesday, on the back of some JPY underperformance amongst
the broader G10 space.
- Wednesday saw the rate close back above Y78.00 after clearing the level in
Asia-Pac hours, although the pair failed to challenge Tuesday's session high at
Y78.53. A break here would open up a challenge of Y79.00, followed by the Jan 18
high at Y79.10. Support noted at the 21-DMA of Y77.75.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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