AUSSIE-YEN: Westpac write that "the yen's somewhat...>

AUSSIE-YEN: Westpac write that "the yen's somewhat muted safe haven status

leaves attention firmly on yield differentials, which will continue to work

against both AUD and JPY versus the US dollar in coming weeks. Japanese

inflation is 1%yr versus the Bank of Japan's 2% target and only 0.4% ex-food and

energy, leaving the BoJ to keep pursuing its very loose monetary policy well

into 2019. With the yield curve anchored from overnight to 10 years, this should

encourage further robust Japanese demand for foreign bonds. The RBA's optimism

over Australia's growth prospect helps AUD's cause but yield spreads will also

chip away at AUD/USD. Overall, we see scope for AUD/JPY to push above 83,

perhaps as far as 84 multi-week."