Confirming you are not from the U.S. or the Philippines

By giving this statement, I explicitly declare and confirm that:
  • I am not a U.S. citizen or resident
  • I am not a resident of the Philippines
  • I do not directly or indirectly own more than 10% of shares/voting rights/interest of the U.S. residents and/or do not control U.S. citizens or residents by other means
  • I am not under the direct or indirect ownership of more than 10% of shares/voting rights/interest and/or under the control of U.S. citizen or resident exercised by other means
  • I am not affiliated with U.S. citizens or residents in terms of Section 1504(a) of FATCA
  • I am aware of my liability for making a false declaration.
For the purposes of this statement, all U.S. dependent countries and territories are equalled to the main territory of the USA. I accept full responsibility for the accuracy of this declaration and commit to personally address and resolve any claims or issues that may arise from a breach of this statement.
Cancel Confirm
We are dedicated to your privacy and the security of your personal information. We only collect emails to provide special offers and important information about our products and services. By submitting your email address, you agree to receive such letters from us. If you want to unsubscribe or have any questions or concerns, write to our Customer Support.
Confirm
Trading news
Back
19 Sep 2017

AUD/JPY - Indecision ahead of RBA minutes release

AUD/JPY daily chart carries a Doji candle, which indicates indecision in the marketplace ahead of the RBA minutes release.

The currency pair hit a high/low of 89.34/88.56 on Monday before ending the day on a flat note at 88.79 levels.

RBA minutes release - watch for AUD jawboning

The RBA minutes are due today at 01:30 GMT. The policy statement released on September 4 carried a neutral tone. Thus, minutes are unlikely to offer a major hawkish/dovish surprise.

Nevertheless, the minutes may attempt direct/indirect AUD jawboning. That RBA sees strong Aussie as a threat to economic rebalancing is well known, hence, it may not move the AUD pairs. The AUD/JPY may feel the pull of gravity if the minutes stress the risks to household debt and weak wage growth numbers.

Currently, the AUD/JPY is bid around 88.90 levels. The Yen remains on the back foot with the US stocks at record highs and the strength in the US Treasury yields.

AUD/JPY Technical Levels

A break above 89.00 would expose 89.42 [July 27 high]. An end of the day close above the same would open doors for 90.00 [zero levels]. On the downside, an end of the day close below 88.56 [previous day's low] would confirm bearish Doji reversal and could yield a sell-off to 87.55 [Friday's low] and 87.00 [zero levels].

Key notes

AUD/USD analysis: Aussie down, hit from multiple fronts

AUD/USD Forecast: Cautiously bullish, focus on RBA and Fed

 

Sep 19, 2017

G10 market action from overnight - ANZ

Analysts at ANZ noted all of the market action from overnight. Key Quotes: "Global equities rose, yields bear steepened, the USD strengthened, and c
Read more Previous
Sep 19, 2017

RBA Minutes preview: AU-US 10-yr yield spread eyes range breakout

Despite failing to hold above 0.80 handle, the AUD/USD is mildly bid this Tuesday morning ahead of the RBA minutes release. Read - When are the RBA
Read more Next