Forex - AUD/JPY, USD/JPY Flows: Nikkei breaks key 20, 000 today - first time in 15-year highs since April 2000, MoF Aso: it is clear that foreign investors buying Japanese stocks


Published at 00:17 (GMT) 10 Apr

   

AUD/JPY, USD/JPY Flows: Nikkei breaks key 20, 000 today - first time in 15-year highs since April 2000, MoF Aso: it is clear that foreign investors buying Japanese stocks (RHEC8101)

Nikkei breaks key 20,000 today - first time in 15-year highs since April 2000,

Nikkei hi highs of 20.006.00, highest level since 17 April 2000 20,341.50.

MoF Taro Aso says it is clear that foreign investors buying Japanese stocks. No comment on US Treasury FX report. Does not think there will be much discussion of AIIB at G20.

On FX, USD/JPY at 120.55-60, supported by improved risk appetite, firmer Nikkei. Offers at 120.80-00, stoploss above 121 handle. Bids now at 120.40-50.

AUD/JPY looking bid - with speculation of fresh carry trades - given RBA pause. Though many still looking for RBA May rate cut to 2.00% from 2.25%. AUD/JPY hit fresh 2-week highs of 92.90-95, highest level since March 27 93.36. Stoploss above 93.00-05. With AUD/USD supported on lower EUR/AUD, higher AUD/NZD. Bids at 92.40-50/92.00.

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