JPY Fix 119.52, USD/JPY supported on Fixing, AUD/JPY eye RBA Decision


Published at 01:15 (GMT) 07 Apr

   

AUD/JPY, USD/JPY Flows: JPY Fix 119.52, USD/JPY supported on Fixing, Nikkei +0.6%, AUD/JPY eye retail sales, ANZ Job ads - then RBA Decision (ODCC8101)

USD/JPY Fixing set at 119.52.

On FX, USD/JPY up at 119.60-62, supported on back of Japan commercial, corporates fixing demand. Offers at 119.80-00, bids at 119.20-40.

AUD/JPY at 90.65-70, seen in range of 90.00-91.50 on the wide. Bias on the downside, as AUD vulnerable on Iron Ore remains at new contract lows. $46.70. Also on RBA decision at 0430GMT. 72% chance of rate cut.

Focus on ANZ job ads and retail sales at 0130GMT.

Nikkei +0.69% or +133.07pts at 19,532.90.

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