Wednesday, 03 September 2014
Australian Dollar Japanese Yen
|FOREX : AUDJPY|
03 Sep 14 00:00
17:03 | 1/9/14
In economic news, the housing starts in Japan registered a drop of 14.1% in July, on an annual basis, beating market expectations for a fall of 10.5% and compared to a drop of 9.5% in the prior month. more»
Trade Implications - JPY Pairs: We last saw traders remain short USDJPY as it traded above ¥105 in December before reversing lower. more»
Forecasting the exchange rate of the Japanese yen might be a bit difficult as the Bank of Japan will manipulate the rate. If the Japanese yen is too strong against the dollar it might intervene; however, we don't think at this stage the Bank of Japan ... more»
A trader at a large Japanese bank in Tokyo said to Reuters "Risk assets and dollar/yen are being sold after news of the airstrike. more»
17:26 | 8/8/14
For the 24 hours to 23:00 GMT, the USD is trading marginally lower against the JPY and closed at 102.07. In the Asian session, at GMT0300, the pair is trading at 101.78, with the USD trading 0.28% lower from yesterday's close. more»
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