8 Dec 2014
AUD/JPY missing full on demand on 100.00
FXStreet (Guatemala) - AUD/JPY is trading at 101.00, down -0.09% on the day, having posted a daily high at 101.21 and low at 100.87.
AUD/JPY has risen through the 101.00 handle this shift but has lost credibility on that move with supply kicking in and sending us into question mark territory despite the final GDP from Japan that printed worse than the preliminary data.
The Aussie is in the hands of the bears currently while trading against a strong environment for the greenback also. Looking ahead for the rest of this month and year, the Australian jobs report is most key domestically for Australia amongst the Japanese snap elections as a further catalyst to the unit, not forgetting risk in the final FOMC of the year.
AUD/JPY has risen through the 101.00 handle this shift but has lost credibility on that move with supply kicking in and sending us into question mark territory despite the final GDP from Japan that printed worse than the preliminary data.
The Aussie is in the hands of the bears currently while trading against a strong environment for the greenback also. Looking ahead for the rest of this month and year, the Australian jobs report is most key domestically for Australia amongst the Japanese snap elections as a further catalyst to the unit, not forgetting risk in the final FOMC of the year.