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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.
AUD
AUDJPY continues to edge higher, up 0.86%, was up 0.89% couple of minutes ago.
- Overnight desk noted some local exporter buying interest against the USD, and AUD is up 0.72% versus the Greenback.
- The RBA minutes had very little in terms of new information.
- "Need to monitor borrowing trends, given the surging property prices"
- Looking at the AUDJPY chart, further upside continuation will have market participants eyeing the March peak at 85.452, which is the highest level reached since 13/02/2018.
Chart source: Bloomberg
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.
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