Australia’s November CPI (Consumer Price Index) was 2.3%, higher than the expected 2.2%, but this led to selling of the Australian dollar. Selling pressure increased because the central bank’s trimmed …
With the unrest caused by South Korea’s emergency situation calming down, risk-off sentiment eased. In the Tokyo market, the AUD/JPY (Australian Dollar/Japanese Yen) pair saw early buying and rose to …
Since October began, the AUD/JPY exchange rate has continued to move within a narrow range. The Reserve Bank of Australia (RBA) is the only major central bank that has kept …
Australia’s Consumer Price Index (CPI) for July-September was announced yesterday at 2.8%, lower than the forecast of 2.9% and a significant drop from last month’s 3.8%. Although the Reserve Bank …
In October, the Australian dollar/Japanese yen (AUD/JPY) has been trading around 100 yen, where the 200-day moving average is positioned, with prices moving up and down without a clear direction. …
The Reserve Bank of Australia (RBA) is the only major central bank (outside of Japan) that hasn’t lowered interest rates recently. If the RBA does start to lower rates, the …
Today’s outlook for the AUD/JPY pair shows a generally bullish trend. The exchange rate is expected to hover around ¥101.36, with forecasts indicating a slight decline to ¥101.26 in the …
In October, the Australian Dollar (AUD) to Japanese Yen (JPY) exchange rate has been moving within a range around 100 yen. The mid-99 yen level represents a 50% Fibonacci retracement, …
Yesterday, Australia’s September employment data, announced during Tokyo trading hours, showed stronger-than-expected job growth. The unemployment rate also fell to 4.1% from 4.2% in the previous month, indicating a strong …
