Flash: Central banks in view – TDS

FXstreet.com (Guatemala) - Strategists at TD Securities noted that The Fed tapered slightly sooner than expected and data has held up well. Meanwhile, BC and BoE are in view.

Key Quotes:

“This has seen rates markets start their melt higher which should continue this year’.

“ECB/BoE meetings next week should be uneventful as the ECB sends the message that it is done easing for now while the BoE will not grapple with the faster improvements in the labour market until February’s Inflation Report”.

AUD/JPY caught in the descending channel

AUD/JPY has spiked from 0.9300 to reach a high of 0.9359 where fresh supply has capped the pair for the time being.
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AUD/USD targeting 0.90 handle

AUD/USD has broken up through the resistance of the sideways channel and has printed a high of 0.8995.
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