Free Trial
MNI EXCLUSIVE

Ex-Fed Officials On QT Pace

CHILE

President-Elect Boric Names Cabinet Ministers

US TSY FUTURES

BLOCK, 5Y Buy

CHILE

Traders Survey Forecasts 125bp Hike Next Week

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
ASIAN MARKETS, AUSSIE-YEN
AUSSIE-YEN: Sideways consolidation has been the theme for the risk-barometer
cross, the pair holding a fairly narrow Y85.93 to Y86.09 range. Ahead,
Australia's jobs report is the main focus, MNI's median is for 17,000 jobs to
have been created in November, with unemployment and participation rate
remaining unchanged at 5.4% and 65.1% respectively. Yesterday the pair posted
its first close above the 200-dma (Y85.87) since Nov14, a second close today
would provide further  encouragement to the bulls. Initial resistance lies at
Y86.20 (Dec5 high), a break to expose Y86.63 (38.2% Y90.31-Y84.35), while hourly
support is located in the mid-Y85.85's. Aussie-yen is currently changing hands
at Y86.00.
Sign up now for free access to this content.

Please enter your details below and select your areas of interest.