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15 Jan 2015
AUD/JPY takes back lost ground in an instant on Aussie jobs
FXStreet (Guatemala) - AUD/JPY> is currently on the bid and trading at 96.27 with a high posted at 96.45 from lows of 95.52 and is up 0.66% on the day.
AUD/JPY has jumped on the back of the strong jobs numbers out of Australia today. The employment change came in much higher than expected at 37.4K, vs 3.8K consensus for December, while the unemployment rate dropped and read as 61% vs the forecasts of 6.3% while the participation rate came in slightly higher at 64.8% vs 64.7%.
AUD/JPY has been on the bid and making a come back from the fall out at 96.20. The drift began as low as 94.34 on Yen strength as well as a poorer performance in the commodity sector weighing on the Aussie heavily. This data has given the bulls the ammunition to reload and take back the ground lost meeting offers finally between 96.20 and 96.40.
AUD/JPY has jumped on the back of the strong jobs numbers out of Australia today. The employment change came in much higher than expected at 37.4K, vs 3.8K consensus for December, while the unemployment rate dropped and read as 61% vs the forecasts of 6.3% while the participation rate came in slightly higher at 64.8% vs 64.7%.
AUD/JPY has been on the bid and making a come back from the fall out at 96.20. The drift began as low as 94.34 on Yen strength as well as a poorer performance in the commodity sector weighing on the Aussie heavily. This data has given the bulls the ammunition to reload and take back the ground lost meeting offers finally between 96.20 and 96.40.