Free Trial

JPY: Risk Barometer Firms Up

AUD

A slight bounce in AUD/JPY, key regional risk barometer, reflects the improvement in broader sentiment seen in early Asia-Pac trade. E-minis have edged higher, regional equity benchmarks are also in the green. Spot AUD/JPY last trades at Y79.84, 19 pips better off on the day.

  • Implied 1-month volatility in AUD/JPY has pushed to the highest levels since early Nov.
  • Bulls look to reclaim Jan 14 high of Y80.86 before targeting Jan 8 high of Y80.93, a key near-term resistance. Conversely, losses past Monday's low of Y79.51 would shift focus to Y78.85, which represents the low print of Jan 4.

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.