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16 Dec 2014
AUD/JPY tumbles below 96.00
FXStreet (Córdoba) - AUD/JPY is falling for the third day in a row and printed a fresh 1-month low at 95.27. During the last two hours trimmed losses and rose to 95.90.
Since the beginning of the day the pair is moving with a downside bias, as the yen rises across the board. The Japanese currency is the best performer across the board on Tuesday, extending the recovery from multi-year lows.
AUD/JPY drops 7% from 2014 highs
Today the pair is headed toward the sixth daily loss out of the last seven days and has lost 7% since November 21, when it peaked at 102.82, 21-month high.
Since the beginning of the day the pair is moving with a downside bias, as the yen rises across the board. The Japanese currency is the best performer across the board on Tuesday, extending the recovery from multi-year lows.
AUD/JPY drops 7% from 2014 highs
Today the pair is headed toward the sixth daily loss out of the last seven days and has lost 7% since November 21, when it peaked at 102.82, 21-month high.