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8 May 2015
AUD/JPY back below 95.00
FXStreet (Córdoba) - AUD/JPY failed again to hold above 95.00 and erased gains. The pair is trading around 94.60/65, at the same level it closed yesterday.
AUD/JPY up for the week, far from highs
The aussie reached during the Asian session the lowest level since Tuesday at 94.29 but then bounced to the upside. After US employment numbers climbed to 95.31, hitting a fresh daily high, then reversed and dropped back below 95.00.
AUD/JPY is headed toward the fifth weekly gain in a row despite a soft Australian employment report and the RBA rate cut. It trimmed gains during the last two trading days, moving away from weekly highs. The pair again lost strength when it approached 96.00.
AUD/JPY up for the week, far from highs
The aussie reached during the Asian session the lowest level since Tuesday at 94.29 but then bounced to the upside. After US employment numbers climbed to 95.31, hitting a fresh daily high, then reversed and dropped back below 95.00.
AUD/JPY is headed toward the fifth weekly gain in a row despite a soft Australian employment report and the RBA rate cut. It trimmed gains during the last two trading days, moving away from weekly highs. The pair again lost strength when it approached 96.00.