12 Feb 2015
AUD/JPY: Offered and moving back into neutral territory
FXStreet (Guatemala) - AUD/JPY is currently trading on the offer at 91.98 at time of writing post the Aussie jobs data on the 30 min stick.
AUD/JPY went from 92.85 to 91.87 having already been scaled down earlier from above the 93 handle. The pair is now back into neutral territory on a broader scale and low way off the lows for the month of February still, located at 89.40 territory.
The Australian jobs numbers for January will be worrisome for the RBA, as being very poor and worse than expectations. Total employment changed at -12.2k while the full time employment came out as -28.1k, part time at +15.7k. The unemployment rate stood at 6.4% in January vs 6.2% in Dec, with participation rate at 64.8%.
AUD/JPY went from 92.85 to 91.87 having already been scaled down earlier from above the 93 handle. The pair is now back into neutral territory on a broader scale and low way off the lows for the month of February still, located at 89.40 territory.
The Australian jobs numbers for January will be worrisome for the RBA, as being very poor and worse than expectations. Total employment changed at -12.2k while the full time employment came out as -28.1k, part time at +15.7k. The unemployment rate stood at 6.4% in January vs 6.2% in Dec, with participation rate at 64.8%.